ENI (ETR:ENI) PT Set at €18.10 by Credit Suisse Group

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ENI (ETR:ENI) received a €18.10 ($21.05) price objective from stock analysts at Credit Suisse Group in a report released on Friday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Credit Suisse Group’s target price suggests a potential upside of 22.07% from the company’s current price.

Several other research analysts have also recently issued reports on the stock. Goldman Sachs Group set a €149.00 ($173.26) target price on shares of Airbus and gave the stock a “buy” rating in a report on Tuesday, July 9th. Berenberg Bank reiterated a “buy” rating and set a GBX 110 ($1.44) target price on shares of Eco Atlantic Oil & Gas in a report on Monday, March 18th. Sanford C. Bernstein set a €19.00 ($22.09) target price on shares of ENI and gave the stock a “buy” rating in a report on Monday, March 18th. HSBC upgraded shares of AU Optronics from a “reduce” rating to a “hold” rating in a report on Wednesday. Finally, Royal Bank of Canada set a €18.50 ($21.51) target price on shares of ENI and gave the stock a “neutral” rating in a report on Tuesday, April 23rd. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and eleven have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of €17.96 ($20.89).

Shares of ENI stock opened at €14.83 ($17.24) on Friday. The company has a current ratio of 1.31, a quick ratio of 1.09 and a debt-to-equity ratio of 59.89. ENI has a 1 year low of €13.42 ($15.61) and a 1 year high of €16.70 ($19.42). The business’s 50-day simple moving average is €14.22. The company has a market cap of $53.89 billion and a PE ratio of 12.50.

About ENI

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 43 countries, including Italy, Libya, Egypt, Norway, the United Kingdom, Angola, Congo, Nigeria, the United States, Kazakhstan, Algeria, Australia, Iraq, Indonesia, Ghana, Mozambique, Oman, and the United Arab Emirates.

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