Eni S.p.A. (NYSE:E) Receives Consensus Rating of "Hold" from Brokerages

Shares of Eni S.p.A. (NYSE:E - Get Free Report) have received a consensus rating of "Hold" from the nine brokerages that are covering the company, MarketBeat Ratings reports. Six analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $31.60.

A number of equities analysts recently weighed in on the stock. UBS Group lowered shares of ENI from a "buy" rating to a "neutral" rating in a report on Wednesday, January 8th. Morgan Stanley restated an "equal weight" rating and issued a $31.60 price target (down previously from $37.50) on shares of ENI in a research note on Tuesday, January 7th. Finally, StockNews.com raised ENI from a "hold" rating to a "buy" rating in a research report on Tuesday, February 11th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Allworth Financial LP grew its position in shares of ENI by 30.5% during the 4th quarter. Allworth Financial LP now owns 2,488 shares of the oil and gas exploration company's stock valued at $70,000 after acquiring an additional 581 shares during the period. R Squared Ltd bought a new stake in ENI during the fourth quarter valued at about $103,000. Jones Financial Companies Lllp increased its position in ENI by 93.4% in the fourth quarter. Jones Financial Companies Lllp now owns 4,449 shares of the oil and gas exploration company's stock worth $122,000 after buying an additional 2,149 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in shares of ENI by 7.1% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 7,341 shares of the oil and gas exploration company's stock worth $201,000 after buying an additional 484 shares during the period. Finally, Wealth Enhancement Advisory Services LLC bought a new position in shares of ENI in the third quarter worth about $212,000. 1.18% of the stock is owned by hedge funds and other institutional investors.

ENI Stock Up 0.6 %

NYSE:E traded up $0.17 on Thursday, reaching $29.32. 188,051 shares of the stock traded hands, compared to its average volume of 265,813. The company's fifty day simple moving average is $27.96 and its 200 day simple moving average is $29.75. The company has a market capitalization of $49.49 billion, a price-to-earnings ratio of 17.56, a PEG ratio of 1.85 and a beta of 0.92. ENI has a 12 month low of $26.12 and a 12 month high of $33.78. The company has a current ratio of 1.27, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41.

ENI Company Profile

Eni SpA engages in the exploration, production, refining, and sale of oil, gas, electricity, and chemicals. It operates through the following segments: Exploration and Production, Global Gas and LNG Portfolio, Refining & Marketing and Chemicals, Power & Renewables, and Corporate and Other Activities.