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ENI (E) Stock Forecast & Price Target

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$28.93 -0.14 (-0.48%)
(As of 11/20/2024 ET)

ENI - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
4
Buy
4

Based on 8 Wall Street analysts who have issued ratings for ENI in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 4 have given a hold rating, and 4 have given a buy rating for E.

Consensus Price Target

$39.60
36.88% Upside
According to the 8 analysts' twelve-month price targets for ENI, the average price target is $39.60. The highest price target for E is $39.60, while the lowest price target for E is $39.60. The average price target represents a forecasted upside of 36.88% from the current price of $28.93.
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E Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
5 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$39.60$39.60N/AN/A
Forecasted Upside36.88% Upside28.53% UpsideN/AN/A
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

E Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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E Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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ENI Stock vs. The Competition

TypeENIOils/Energy CompaniesS&P 500
Consensus Rating Score
2.50
2.62
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside36.88% Upside1,433.26% Upside9.81% Upside
News Sentiment Rating
Positive News

See Recent E News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/15/2024Jefferies Financial Group
2 of 5 stars
 Reiterated RatingBuy ➝ Buy
9/23/2024Sanford C. Bernstein
3 of 5 stars
O. Clint
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DowngradeOutperform ➝ Market Perform
9/13/2024BNP Paribas
3 of 5 stars
P. Redman
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UpgradeUnderperform ➝ Neutral
8/29/2024Morgan Stanley
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 UpgradeEqual Weight ➝ Overweight$39.60 ➝ $39.60+21.21%
7/29/2024Royal Bank of Canada
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B. Borkhataria
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UpgradeSector Perform ➝ Outperform
7/19/2024Stifel Nicolaus
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 DowngradeBuy ➝ Hold
6/25/2024Redburn Atlantic
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P. Low
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UpgradeNeutral ➝ Buy
3/20/2024Berenberg Bank
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 DowngradeBuy ➝ Hold
9/22/2023JPMorgan Chase & Co.
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 UpgradeNeutral ➝ Overweight
7/18/2023HSBC
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 DowngradeBuy ➝ Hold
4/6/2023Citigroup
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 Initiated CoverageNeutral
1/19/2023Credit Suisse Group
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 Initiated CoverageOutperform
11/23/2022Barclays
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 Initiated CoverageOverweight ➝ Overweight

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 09:25 AM ET.


Should I Buy ENI Stock? E Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, November 6, 2024. Please send any questions or comments about these ENI pros and cons to contact@marketbeat.com.

ENI
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Eni S.p.A.:

  • Eni S.p.A. has a current ratio of 1.28 and a quick ratio of 1.09, indicating strong liquidity positions to meet short-term obligations.
  • The company's debt-to-equity ratio of 0.42 suggests a conservative capital structure, reducing financial risk for investors.
  • Eni S.p.A. has a market cap of $52.92 billion, reflecting the company's size and stability in the market.
  • With a P/E ratio of 12.25, the stock may be considered undervalued compared to industry peers, potentially offering a good entry point for investors.
  • Analysts forecast that Eni S.p.A. will post 3.95 EPS for the current fiscal year, indicating potential earnings growth.

ENI
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Eni S.p.A. for these reasons:

  • The stock's 50-day moving average price of $31.50 is close to the 200-day moving average price of $31.49, indicating a lack of significant price momentum in the short term.

E Forecast - Frequently Asked Questions

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for ENI is $39.60, with a high forecast of $39.60 and a low forecast of $39.60.

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ENI in the last twelve months. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" E shares.

According to analysts, ENI's stock has a predicted upside of 36.88% based on their 12-month stock forecasts.

Over the previous 90 days, ENI's stock had 2 upgrades and 1 downgrade by analysts.

ENI has been rated by research analysts at BNP Paribas, Jefferies Financial Group, Morgan Stanley, and Sanford C. Bernstein in the past 90 days.

Analysts like ENI less than other "oils/energy" companies. The consensus rating score for ENI is 2.50 while the average consensus rating score for "oils/energy" companies is 2.62. Learn more on how E compares to other companies.


This page (NYSE:E) was last updated on 11/21/2024 by MarketBeat.com Staff
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