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ENI SPA (E-N)
NYSE:E
29.58
0.29
(0.97%) 1d
Financials
Technical Analysis
This summary was created by AI, based on 1 opinions in the last 12 months.
ENI SPA, represented by the symbol E-N, recently received a review from Stockchase Research Editor Michael O'Reilly, indicating a shift in the company's outlook. Having previously been a Top Pick on August 15, 2023, the stock has since seen a slight decrease of 0.1%, which triggered a stop loss at $30. O'Reilly has urged investors to cover their positions at this point, emphasizing the importance of maintaining discipline in trading strategies. Despite the current challenges, this recommendation follows a period of net investment gain of 4% when factoring in earlier suggestions. Investors are advised to proceed carefully as market conditions evolve and re-evaluate opportunities in this sector.
Over the quarter, commodity price valuations were down over 30% from a year ago, but the company managed to beat operating profit expectations by over 50%. It trades at 6x earnings, under book value and supports a ROE of 17%. We recommend trailing up the stop (from $26.00) to $27.50, looking to achieve $36.00 -- upside potential of 18%. Yield 2.9%
(Analysts’ price target is $36.13)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)E is an integrated oil and gas company with production over 1.6 million barrels per day operating in Italy. It trades under book value, boasts a ROE of 27%, and PE of 5. Cash reserves are growing while debt is aggressively retired and shared bought back. We recommend setting a stop loss at $24, looking to achieve $34.50 — upside potential over 20%. Yield 2.3%
(Analysts’ price target is $34.65)- «
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ENI SPA(E-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 1
ENI SPA(E-N) Frequently Asked Questions
What is ENI SPA stock symbol?
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
Is ENI SPA a buy or a sell?
In the last year, 1 stock analyst published opinions about E-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for ENI SPA.
Is ENI SPA a good investment or a top pick?
ENI SPA was recommended as a Top Pick by on . Read the latest stock experts ratings for ENI SPA.
Why is ENI SPA stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is ENI SPA worth watching?
In the last year, there was no coverage of ENI SPA published on Stockchase.
What is ENI SPA stock price?
On 2025-03-13, ENI SPA (E-N) stock closed at a price of $29.58.
Our PAST TOP PICK with E has triggered its stop at $30. To remain disciplined, we recommend covering the position at this time. When combined with our previous recommendations, this will result in a net investment gain of 4%.