ENI S.p.A. which can be found using ticker (E) have now 3 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 42 and 28.36 and has a mean target at $34.29. Given that the stocks previous close was at $30.61 this now indicates there is a potential upside of 12.0%. It’s also worth noting that there is a 50 day moving average of $28.88 and the 200 day MA is $26.56. The total market capitalization for the company now stands at $51,168m. Find out more information at: https://www.eni.com
The potential market cap would be $57,319m based on the market consensus.
Eni S.p.A. operates as an integrated energy company worldwide. It engages in exploration, development, extracting, manufacturing, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources. The company operates through Exploration & Production; Global Gas & LNG Portfolio (GGP); Refining & Marketing and Chemicals; Plenitude & Power; and Corporate and Other Activities segments. The Exploration & Production segment engages in research, development, and production of oil, condensates, and natural gas; and forestry conservation and CO2 capture and storage projects. The GGP segment is involved in the supply and sale of wholesale natural gas through pipeline; and international transport, and purchase and marketing of liquefied natural gas. The Refining & Marketing and Chemicals segment supplies, processes, distributes, and markets fuels and chemicals. The Plenitude & Power segment engages in the retail sale of gas, electricity, and related services; production and wholesale sale of electricity from thermoelectric and renewable plants; and provision of services for E-mobility. The Corporate and Other Activities segment is involved in the research and development, new technologies, business digitalization, and environmental activities. The company was founded in 1953 and is headquartered in Rome, Italy.
The company has a dividend yield of 9.02% with the ex dividend date set at 22-5-2023 (DMY).
Other points of data to note are a P/E ratio of 3.52, revenue per share of 76.72 and a 7.88% return on assets.
