Jefferies Financial Group assumed coverage on shares of ENI (NYSE:E) in a research note issued to investors on Thursday, Briefing.com reports. The firm set a "hold" rating on the oil and gas exploration company's stock.
Other equities research analysts have also issued research reports about the stock. Credit Suisse Group reaffirmed an "underperform" rating on shares of ENI in a research note on Wednesday, January 13th. Sanford C. Bernstein lowered shares of ENI from a "market perform" rating to an "underperform" rating in a research note on Monday, January 4th. Societe Generale raised shares of ENI from a "hold" rating to a "buy" rating in a research report on Thursday, October 29th. JPMorgan Chase & Co. reissued an "underweight" rating on shares of ENI in a research report on Friday, January 15th. Finally, Zacks Investment Research upgraded shares of ENI from a "sell" rating to a "hold" rating and set a $16.00 price objective on the stock in a report on Tuesday, November 3rd. Six research analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. ENI has a consensus rating of "Hold" and a consensus target price of $16.00.
E stock opened at $21.69 on Thursday. The company has a current ratio of 1.29, a quick ratio of 1.12 and a debt-to-equity ratio of 0.63. ENI has a 1 year low of $12.10 and a 1 year high of $30.59. The company has a fifty day simple moving average of $21.27 and a 200 day simple moving average of $18.65. The firm has a market cap of $39.41 billion, a PE ratio of -3.60 and a beta of 1.06.
ENI (NYSE:E) last released its quarterly earnings data on Wednesday, October 28th. The oil and gas exploration company reported ($0.10) earnings per share (EPS) for the quarter. ENI had a negative net margin of 19.46% and a negative return on equity of 0.62%. The business had revenue of $12.30 billion during the quarter. As a group, analysts forecast that ENI will post -1.01 EPS for the current fiscal year.
Hedge funds have recently made changes to their positions in the company. Advisors Asset Management Inc. lifted its position in shares of ENI by 27.2% during the third quarter. Advisors Asset Management Inc. now owns 33,987 shares of the oil and gas exploration company's stock worth $528,000 after purchasing an additional 7,260 shares in the last quarter. Parallel Advisors LLC lifted its holdings in ENI by 77.5% in the third quarter. Parallel Advisors LLC now owns 1,727 shares of the oil and gas exploration company's stock valued at $27,000 after buying an additional 754 shares during the period. US Bancorp DE lifted its holdings in ENI by 11.0% in the third quarter. US Bancorp DE now owns 15,525 shares of the oil and gas exploration company's stock valued at $241,000 after buying an additional 1,544 shares during the period. Aperio Group LLC lifted its holdings in ENI by 14.0% in the third quarter. Aperio Group LLC now owns 553,818 shares of the oil and gas exploration company's stock valued at $8,606,000 after buying an additional 68,112 shares during the period. Finally, CI Investments Inc. lifted its holdings in ENI by 16.0% in the third quarter. CI Investments Inc. now owns 133,053 shares of the oil and gas exploration company's stock valued at $2,068,000 after buying an additional 18,308 shares during the period.
ENI Company Profile
Eni S.p.A. engages in the exploration, development, and production of crude oil and natural gas. It operates through Exploration & Production, Gas & Power, and Refining & Marketing and Chemical segments. The company is involved in the field development and production activities, as well as liquefied natural gas (LNG) operations in 41 countries, including Italy, Libya, Egypt, Norway, the United Kingdom, Angola, Congo, Nigeria, Mexico, the United States, Kazakhstan, Algeria, Australia, Iraq, Indonesia, Ghana, Mozambique, Bahrain, Oman, and United Arab Emirates.
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