J.P. Morgan analyst Matthew Lofting maintained a Buy rating on ENI S.p.A. today and set a price target of €16.50. The company’s shares closed yesterday at €14.88.
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Lofting covers the Energy sector, focusing on stocks such as BP p.l.c., Shell (UK), and ENI S.p.A.. According to TipRanks, Lofting has an average return of -3.0% and a 42.31% success rate on recommended stocks.
In addition to J.P. Morgan, ENI S.p.A. also received a Buy from Goldman Sachs’s Michele Della Vigna in a report issued on September 25. However, on September 29, RBC Capital maintained a Hold rating on ENI S.p.A. (LSE: 0N9S).
The company has a one-year high of €15.39 and a one-year low of €11.01. Currently, ENI S.p.A. has an average volume of 734.9K.
Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of 0N9S in relation to earlier this year.
Read More on GB:0N9S:
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- Eni S.p.A. Expands Treasury Share Buyback Program
- ENI S.p.A. Hold Rating: Fair Valuation Amid Oil Price Risks and Limited Upside Potential
- Eni S.p.A. Advances Share Buyback Program with Recent Purchase
- Eni price target raised to EUR 16.50 from EUR 16 at JPMorgan
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