ENI S.p.A. (NYSE:E) was downgraded by research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research note issued on Thursday.

Several other research firms also recently issued reports on E. Zacks Investment Research upgraded ENI S.p.A. from a “hold” rating to a “buy” rating and set a $35.00 target price on the stock in a research report on Monday, March 6th. Goldman Sachs Group, Inc. (The) started coverage on ENI S.p.A. in a research report on Wednesday, February 22nd. They set a “buy” rating on the stock. Societe Generale upgraded ENI S.p.A. from a “hold” rating to a “buy” rating in a research report on Tuesday, June 6th. Exane BNP Paribas downgraded ENI S.p.A. from a “neutral” rating to an “underperform” rating in a research report on Friday, May 26th. Finally, Morgan Stanley restated a “sell” rating on shares of ENI S.p.A. in a research report on Thursday, April 13th. Five investment analysts have rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the stock. ENI S.p.A. currently has a consensus rating of “Hold” and an average target price of $36.00.

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

Shares of ENI S.p.A. (E) traded up 0.69% during trading on Thursday, reaching $30.50. The company’s stock had a trading volume of 133,700 shares. ENI S.p.A. has a 52-week low of $26.15 and a 52-week high of $34.62. The stock has a 50-day moving average of $32.03 and a 200-day moving average of $31.73. The stock has a market cap of $54.50 billion, a P/E ratio of 163.98 and a beta of 0.81.

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Several large investors have recently modified their holdings of E. Checchi Capital Advisers LLC increased its stake in shares of ENI S.p.A. by 3.3% in the first quarter. Checchi Capital Advisers LLC now owns 10,171 shares of the oil and gas exploration company’s stock worth $333,000 after buying an additional 329 shares during the period. M&T Bank Corp increased its stake in shares of ENI S.p.A. by 2.0% in the first quarter. M&T Bank Corp now owns 22,159 shares of the oil and gas exploration company’s stock worth $725,000 after buying an additional 437 shares during the period. Ladenburg Thalmann Financial Services Inc. increased its stake in shares of ENI S.p.A. by 5.5% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 9,690 shares of the oil and gas exploration company’s stock worth $311,000 after buying an additional 501 shares during the period. KCG Holdings Inc. increased its stake in shares of ENI S.p.A. by 5.4% in the first quarter. KCG Holdings Inc. now owns 9,759 shares of the oil and gas exploration company’s stock worth $319,000 after buying an additional 502 shares during the period. Finally, CIBC World Markets Inc. increased its stake in shares of ENI S.p.A. by 0.3% in the first quarter. CIBC World Markets Inc. now owns 205,309 shares of the oil and gas exploration company’s stock worth $6,720,000 after buying an additional 607 shares during the period. Institutional investors own 1.68% of the company’s stock.

About ENI S.p.A.

Eni SpA (Eni) is engaged in the exploration, development and production of hydrocarbons, in the supply and marketing of gas, liquefied natural gas (LNG) and power, in the refining and marketing of petroleum products, in the production and marketing of basic petrochemicals, plastics and elastomers and in commodity trading.

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