HSBC Analysts Set ENI (ENI) a €19.50 Target Price

HSBC Analysts Set ENI (ENI) a €19.50 Target Price

HSBC set a €19.50 ($22.67) target price on ENI (ETR:ENI) in a research note released on Tuesday morning. The firm currently has a buy rating on the stock.

A number of other equities research analysts have also recently commented on ENI. Kepler Capital Markets set a €18.50 ($21.51) price target on shares of ENI and gave the company a buy rating in a report on Friday, July 27th. Cfra set a €19.00 ($22.09) price target on shares of ENI and gave the company a buy rating in a report on Monday, July 30th. UBS Group set a €18.50 ($21.51) price target on shares of ENI and gave the company a buy rating in a report on Friday, July 20th. Berenberg Bank set a €18.50 ($21.51) price target on shares of ENI and gave the company a neutral rating in a report on Monday, October 29th. Finally, Sanford C. Bernstein set a €19.00 ($22.09) price target on shares of ENI and gave the company a buy rating in a report on Monday, July 23rd. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus price target of €18.69 ($21.74).

ETR:ENI opened at €15.55 ($18.08) on Tuesday. ENI has a 52 week low of €12.94 ($15.05) and a 52 week high of €15.44 ($17.95).

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 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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