Shares of ENI S.p.A. (NYSE:E) have received a consensus rating of “Hold” from the fifteen ratings firms that are currently covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $16.00.

E has been the subject of a number of research reports. Societe Generale reiterated a “buy” rating on shares of ENI S.p.A. in a report on Wednesday, July 26th. upgraded ENI S.p.A. from a “hold” rating to a “buy” rating in a report on Tuesday, November 7th. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating on shares of ENI S.p.A. in a report on Monday, October 2nd. Citigroup Inc. reiterated a “buy” rating on shares of ENI S.p.A. in a report on Wednesday, August 30th. Finally, Zacks Investment Research cut ENI S.p.A. from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th.

ENI S.p.A. (E) traded down $0.22 on Monday, reaching $32.33. The company’s stock had a trading volume of 116,666 shares, compared to its average volume of 289,564. The company has a quick ratio of 1.10, a current ratio of 1.27 and a debt-to-equity ratio of 0.44. The stock has a market cap of $58,840.00, a PE ratio of 28.81 and a beta of 0.83. ENI S.p.A. has a 52 week low of $26.37 and a 52 week high of $34.62.

ENI S.p.A. (NYSE:E) last posted its quarterly earnings results on Friday, October 27th. The oil and gas exploration company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.07). The business had revenue of $18.42 billion during the quarter. ENI S.p.A. had a net margin of 2.50% and a return on equity of 3.69%. equities research analysts predict that ENI S.p.A. will post 1.28 EPS for the current year.

Several institutional investors and hedge funds have recently made changes to their positions in the business. Oppenheimer Asset Management Inc. increased its holdings in shares of ENI S.p.A. by 10.4% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 172,181 shares of the oil and gas exploration company’s stock valued at $5,176,000 after acquiring an additional 16,275 shares during the last quarter. Macquarie Group Ltd. increased its holdings in shares of ENI S.p.A. by 16.4% in the 2nd quarter. Macquarie Group Ltd. now owns 2,871,258 shares of the oil and gas exploration company’s stock valued at $86,310,000 after acquiring an additional 405,222 shares during the last quarter. First Trust Advisors LP bought a new stake in shares of ENI S.p.A. in the 2nd quarter valued at approximately $415,000. Crossmark Global Holdings Inc. bought a new stake in shares of ENI S.p.A. in the 3rd quarter valued at approximately $3,667,000. Finally, Bank of New York Mellon Corp increased its holdings in shares of ENI S.p.A. by 43.9% in the 1st quarter. Bank of New York Mellon Corp now owns 37,654 shares of the oil and gas exploration company’s stock valued at $1,232,000 after acquiring an additional 11,480 shares during the last quarter. 1.68% of the stock is currently owned by institutional investors.

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ENI S.p.A. Company Profile

Eni SpA (Eni) is an Italy-based company 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.

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

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