Eni SpA (NYSE:E) has earned an average recommendation of “Hold” from the fifteen ratings firms that are presently covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $26.50.

A number of research analysts recently issued reports on E shares. Goldman Sachs Group restated a “buy” rating on shares of ENI in a research report on Monday, December 11th. Zacks Investment Research upgraded ENI from a “hold” rating to a “buy” rating and set a $37.00 price objective for the company in a research report on Thursday, December 28th. Finally, upgraded ENI from a “hold” rating to a “buy” rating in a research report on Tuesday, November 7th.

A number of hedge funds have recently made changes to their positions in E. Sei Investments Co. raised its stake in shares of ENI by 26.3% in the 2nd quarter. Sei Investments Co. now owns 5,368 shares of the oil and gas exploration company’s stock worth $161,000 after buying an additional 1,119 shares in the last quarter. Pacad Investment Ltd. bought a new stake in shares of ENI in the 2nd quarter worth $189,000. Eqis Capital Management Inc. bought a new stake in shares of ENI in the 3rd quarter worth $223,000. Shelton Capital Management bought a new stake in shares of ENI in the 2nd quarter worth $225,000. Finally, Advisor Group Inc. raised its stake in shares of ENI by 31.6% in the 2nd quarter. Advisor Group Inc. now owns 7,625 shares of the oil and gas exploration company’s stock worth $229,000 after buying an additional 1,832 shares in the last quarter. Institutional investors own 1.64% of the company’s stock.

Shares of ENI (E) traded down $0.29 on Tuesday, hitting $34.68. The stock had a trading volume of 190,475 shares, compared to its average volume of 212,867. The firm has a market cap of $62,610.00, a price-to-earnings ratio of 31.24 and a beta of 0.84. The company has a current ratio of 1.27, a quick ratio of 1.10 and a debt-to-equity ratio of 0.44. ENI has a one year low of $29.44 and a one year high of $34.97.

ENI (NYSE:E) last issued its 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 firm had revenue of $18.42 billion during the quarter. ENI had a return on equity of 3.69% and a net margin of 2.50%. sell-side analysts forecast that ENI will post 1.34 EPS for the current year.

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About ENI

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 (NYSE:E)

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