Where Does Wall Street Think Eni SpA (E) Stock Will Go?

Monday, June 05, 2023 11:00 AM | InvestorsObserver Analysts

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Wall Street is positive on Eni SpA (E). On average, analysts give the stock a Buy rating. The average price target is $28.3, which means analysts expect the stock to rise by 0.35% over the next twelve months. That average ranking earns the stock an Analyst Rating of 33, which is better than 33% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating E a Buy today. Find out what this means to you and get the rest of the rankings on E!
See Full E Report

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Eni SpA Stock Today?

Eni SpA (E) stock is down -0.32% while the S&P 500 is higher by 0.16% as of 10:54 AM on Monday, Jun 5. E has fallen -$0.09 from the previous closing price of $28.29 on volume of 93,272 shares. Over the past year the S&P 500 is up 4.07% while E has fallen -8.89%. E earned $7.88 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 3.58. Click Here to get the full Stock Report for Eni SpA stock.

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