ENI (NYSE:E)'s stock had its "buy" rating reiterated by research analysts at UBS Group in a research note issued to investors on Wednesday, The Fly reports.
A number of other research firms also recently weighed in on E. DZ Bank raised ENI from a "sell" rating to a "hold" rating in a research note on Tuesday. Sanford C. Bernstein downgraded ENI from a "market perform" rating to an "underperform" rating in a research note on Monday, January 4th. Jefferies Financial Group started coverage on ENI in a research note on Thursday, January 21st. They set a "hold" rating for the company. JPMorgan Chase & Co. reaffirmed an "underweight" rating on shares of ENI in a research note on Friday, January 15th. Finally, Credit Suisse Group reaffirmed an "underperform" rating on shares of ENI in a research note on Wednesday, January 27th. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of "Hold" and a consensus price target of $16.00.
ENI stock traded up $0.31 during mid-day trading on Wednesday, hitting $23.47. The company's stock had a trading volume of 28,694 shares, compared to its average volume of 403,407. The firm's 50 day moving average is $21.42 and its 200 day moving average is $18.96. The company has a market cap of $42.65 billion, a PE ratio of -3.90 and a beta of 1.06. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.29 and a quick ratio of 1.12. ENI has a 52-week low of $12.10 and a 52-week high of $26.53.
ENI (NYSE:E) last announced its quarterly earnings data on Friday, February 19th. The oil and gas exploration company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.02. ENI had a negative return on equity of 0.62% and a negative net margin of 19.46%. As a group, analysts forecast that ENI will post -1.01 EPS for the current year.
Several hedge funds and other institutional investors have recently modified their holdings of E. CI Investments Inc. grew its holdings in ENI by 479.4% in the 4th quarter. CI Investments Inc. now owns 770,894 shares of the oil and gas exploration company's stock valued at $15,880,000 after buying an additional 637,841 shares during the last quarter. Mackenzie Financial Corp lifted its position in shares of ENI by 14.5% in the 4th quarter. Mackenzie Financial Corp now owns 1,715,637 shares of the oil and gas exploration company's stock worth $35,342,000 after acquiring an additional 217,500 shares during the period. Wells Fargo & Company MN lifted its position in shares of ENI by 1,821.1% in the 3rd quarter. Wells Fargo & Company MN now owns 204,885 shares of the oil and gas exploration company's stock worth $3,183,000 after acquiring an additional 194,220 shares during the period. OLD Mission Capital LLC bought a new stake in shares of ENI in the 3rd quarter worth approximately $1,438,000. Finally, Aperio Group LLC lifted its position in shares of ENI by 14.0% in the 3rd quarter. Aperio Group LLC now owns 553,818 shares of the oil and gas exploration company's stock worth $8,606,000 after acquiring an additional 68,112 shares during the period.
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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