ENI S.p.A. (NYSE:E) was upgraded by investment analysts at Exane BNP Paribas from an “underperform” rating to a “neutral” rating in a report released on Wednesday.

Several other brokerages have also issued reports on E. BNP Paribas upgraded shares of ENI S.p.A. from an “underperform” rating to a “neutral” rating in a research report on Wednesday. Zacks Investment Research lowered shares of ENI S.p.A. from a “hold” rating to a “sell” rating in a research report on Tuesday, December 20th. Citigroup Inc. reiterated a “buy” rating on shares of ENI S.p.A. in a research report on Friday, October 7th. Deutsche Bank AG upgraded shares of ENI S.p.A. from a “hold” rating to a “buy” rating in a research report on Wednesday, October 5th. Finally, Morgan Stanley upgraded shares of ENI S.p.A. from an “underweight” rating to an “equal weight” rating in a report on Monday, December 5th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company’s stock. ENI S.p.A. currently has an average rating of “Hold” and an average target price 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’s stock traded hands. The company’s market cap is $57.46 billion. The company’s 50-day moving average is $30.54 and its 200 day moving average is $30.01. ENI S.p.A. has a 52-week low of $24.73 and a 52-week high of $33.38.

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Hedge funds and other institutional investors have recently modified their holdings of the company. ETRADE Capital Management LLC purchased a new position in shares of ENI S.p.A. during the third quarter valued at approximately $302,000. Brinker Capital Inc. increased its position in shares of ENI S.p.A. by 76.6% in the third quarter. Brinker Capital Inc. now owns 13,367 shares of the oil and gas exploration company’s stock valued at $394,000 after buying an additional 5,797 shares during the last quarter. Mackenzie Financial Corp increased its position in shares of ENI S.p.A. by 22.0% in the third quarter. Mackenzie Financial Corp now owns 1,009,704 shares of the oil and gas exploration company’s stock valued at $29,150,000 after buying an additional 182,204 shares during the last quarter. Nuveen Fund Advisors LLC increased its position in shares of ENI S.p.A. by 5.4% in the third quarter. Nuveen Fund Advisors LLC now owns 9,127 shares of the oil and gas exploration company’s stock valued at $263,000 after buying an additional 464 shares during the last quarter. Finally, OLD Mission Capital LLC purchased a new position in shares of ENI S.p.A. during the third quarter valued at approximately $2,978,000. 1.86% of the stock is currently owned by institutional investors.

About ENI S.p.A.

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.

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