ENI SPA is a American stock, trading under the symbol E-N on the New York Stock Exchange (E). It is usually referred to as NYSE:E or E-N
In the last year, there was no coverage of ENI SPA published on Stockchase.
ENI SPA was recommended as a Top Pick by on . Read the latest stock experts ratings for ENI SPA.
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In the last year, there was no coverage of ENI SPA published on Stockchase.
On 2023-06-02, ENI SPA (E-N) stock closed at a price of $28.19.
We reiterate E as a TOP PICK. Venezuela will grant the company an LNG export license, which will be supported by the 1.3 bcfd Cardon IV project. It trades at 5x earnings, under book value and supports a 24% ROE. Cash reserves are rising, while the company aggressively retires debt and buys back shares. We continue to recommend a stop-loss at $24, looking to achieve $34 -- upside potential of 20%. Yield 2.2%
(Analysts’ price target is $34.29)