ENI (NYSE:E) was downgraded by stock analysts at ValuEngine from a “hold” rating to a “sell” rating in a report released on Thursday.
A number of other analysts have also weighed in on the stock. Bank of America raised shares of ENI from a “neutral” rating to a “buy” rating in a research note on Friday, October 5th. Barclays lowered shares of ENI from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, September 11th. Zacks Investment Research lowered shares of ENI from a “hold” rating to a “sell” rating in a research note on Monday, October 8th. Berenberg Bank began coverage on shares of ENI in a research note on Tuesday, September 11th. They set a “hold” rating for the company. Finally, Credit Suisse Group raised shares of ENI from a “neutral” rating to an “outperform” rating in a research note on Thursday, July 19th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the stock. ENI currently has an average rating of “Hold” and a consensus price target of $37.12.
Shares of NYSE:E opened at $35.04 on Thursday. The company has a market capitalization of $65.31 billion, a PE ratio of 18.43, a P/E/G ratio of 0.58 and a beta of 0.76. ENI has a twelve month low of $32.13 and a twelve month high of $40.15. The company has a quick ratio of 1.23, a current ratio of 1.41 and a debt-to-equity ratio of 0.38.
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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To view ValuEngine’s full report, visit ValuEngine’s official website.
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