ENI S.p.A. (NYSE:E) was upgraded by equities research analysts at BNP Paribas from an “underperform” rating to a “neutral” rating in a research note issued to investors on Wednesday.

Several other brokerages have also commented on E. Deutsche Bank AG raised shares of ENI S.p.A. from a “hold” rating to a “buy” rating in a research report on Wednesday, October 5th. Zacks Investment Research raised shares of ENI S.p.A. from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a research report on Thursday, October 20th. Citigroup Inc. reaffirmed a “buy” rating on shares of ENI S.p.A. in a research report on Friday, October 7th. Morgan Stanley raised shares of ENI S.p.A. from an “underweight” rating to an “equal weight” rating in a research report on Monday, December 5th. Finally, J P Morgan Chase & Co lowered shares of ENI S.p.A. from a “neutral” rating to an “underweight” rating in a research report on Wednesday, November 2nd. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $25.99.

Analyst Recommendations for ENI S.p.A. (NYSE:E)

Shares of ENI S.p.A. (NYSE:E) traded down 0.18% during trading on Wednesday, reaching $32.72. 65,404 shares of the company traded hands. The stock’s market capitalization is $57.46 billion. ENI S.p.A. has a 12-month low of $24.73 and a 12-month high of $33.38. The firm’s 50-day moving average is $30.54 and its 200-day moving average is $30.01.

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Institutional investors have recently modified their holdings of the stock. Sei Investments Co. boosted its position in shares of ENI S.p.A. by 67.3% in the third quarter. Sei Investments Co. now owns 3,504 shares of the oil and gas exploration company’s stock valued at $101,000 after buying an additional 1,409 shares in the last quarter. MSI Financial Services Inc boosted its position in shares of ENI S.p.A. by 92.3% in the third quarter. MSI Financial Services Inc now owns 3,662 shares of the oil and gas exploration company’s stock valued at $106,000 after buying an additional 1,758 shares in the last quarter. JFS Wealth Advisors LLC boosted its position in shares of ENI S.p.A. by 1.9% in the third quarter. JFS Wealth Advisors LLC now owns 4,685 shares of the oil and gas exploration company’s stock valued at $135,000 after buying an additional 87 shares in the last quarter. Riverhead Capital Management LLC boosted its position in shares of ENI S.p.A. by 422.5% in the third quarter. Riverhead Capital Management LLC now owns 5,000 shares of the oil and gas exploration company’s stock valued at $144,000 after buying an additional 4,043 shares in the last quarter. Finally, Seven Bridges Advisors LLC purchased a new position in shares of ENI S.p.A. during the third quarter valued at approximately $168,000. 1.86% of the stock is owned by institutional investors.

ENI S.p.A. Company Profile

Eni SpA (Eni) is engaged in oil and gas exploration, development and production, marketing of gas, electricity and liquefied natural gas (LNG), power generation, refining and marketing of petroleum products, production and marketing of petrochemical products and commodity trading. The Company’s segments include Exploration & Production, Gas & Power, and Refining & Marketing.

5 Day Chart for NYSE:E

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