ENI (ENI) PT Set at €16.70 by Morgan Stanley

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ENI (ETR:ENI) has been given a €16.70 ($19.42) price target by analysts at Morgan Stanley in a report released on Wednesday. The brokerage presently has a “sell” rating on the stock. Morgan Stanley’s price target would indicate a potential upside of 5.58% from the company’s previous close.

ENI has been the topic of several other research reports. UBS Group set a €18.50 ($21.51) price objective on ENI and gave the stock a “buy” rating in a report on Monday, July 30th. Goldman Sachs Group set a €20.00 ($23.26) price objective on ENI and gave the stock a “buy” rating in a report on Friday, August 3rd. Kepler Capital Markets set a €18.50 ($21.51) price objective on ENI and gave the stock a “buy” rating in a report on Thursday, June 28th. Deutsche Bank set a €19.00 ($22.09) price objective on ENI and gave the stock a “buy” rating in a report on Friday, July 6th. Finally, Barclays set a €19.00 ($22.09) price objective on ENI and gave the stock a “neutral” rating in a report on Monday, July 30th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and fourteen have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of €18.62 ($21.65).

Shares of ENI stock opened at €15.82 ($18.39) on Wednesday. ENI has a 1 year low of €12.94 ($15.05) and a 1 year 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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Analyst Recommendations for ENI (ETR:ENI)

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