ENI (ENI) Given a €20.20 Price Target by Credit Suisse Group Analysts

ENI (ETR:ENI) has been assigned a €20.20 ($23.49) price target by research analysts at Credit Suisse Group in a note issued to investors on Wednesday, September 12th. The brokerage presently has a “buy” rating on the stock. Credit Suisse Group’s target price points to a potential upside of 24.22% from the company’s previous close.

Several other research firms have also weighed in on ENI. Deutsche Bank set a €19.00 ($22.09) price target on ENI and gave the stock a “buy” rating in a research report on Friday, July 6th. Kepler Capital Markets set a €18.50 ($21.51) price target on ENI and gave the stock a “buy” rating in a research report on Friday, July 27th. Barclays set a €18.50 ($21.51) price target on ENI and gave the stock a “neutral” rating in a research report on Monday, July 2nd. Cfra set a €19.00 ($22.09) price target on ENI and gave the stock a “buy” rating in a research report on Monday, July 30th. Finally, UBS Group set a €18.50 ($21.51) price target on ENI and gave the stock a “buy” rating in a research report on Friday, July 20th. Three analysts have rated the stock with a sell rating, two have given a hold rating and fourteen have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of €18.54 ($21.55).

Shares of ETR:ENI traded down €0.03 ($0.03) during trading on Wednesday, hitting €16.26 ($18.91). 13,567 shares of the company’s stock traded hands, compared to its average volume of 27,056. ENI has a 52 week low of €12.94 ($15.05) and a 52 week high of €15.44 ($17.95).

ENI Company Profile

Eni S.p.A. engages in the oil and gas, electricity generation and sale, and petrochemicals businesses. The company is involved in the oil and natural gas exploration, and field development and production activities, as well as liquefied natural gas (LNG) operations in 46 countries, including Italy, Libya, Egypt, Norway, the United Kingdom, Angola, Congo, Nigeria, the United States, Kazakhstan, Algeria, Australia, Venezuela, Iraq, Indonesia, Ghana, and Mozambique.

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Analyst Recommendations for ENI (ETR:ENI)

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