ENI SPA (E-N)
NYSE:E
27.86
0.01
(0.04%) 1d
Financials
Technical Analysis
This summary was created by AI, based on 1 opinions in the last 12 months.
ENI SPA, represented by the ticker symbol E-N, has recently received an evaluation from Stockchase Research Editor Michael O'Reilly, who notes that the stock has seen a slight decline of 0.1% as of August 15, 2023. The expert mentions that this stock was previously a top pick but has now triggered a stop at the price point of $30. In light of this, O'Reilly advises investors to cover their positions to maintain a disciplined approach to trading. Collectively, following these insights and previous recommendations has resulted in a net investment gain of 4%, suggesting that while the stock may face short-term challenges, investors could have achieved modest returns during their hold period. Overall, the current recommendation indicates a cautious approach towards holding shares in ENI SPA at this time.
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 2025-04-18, ENI SPA (E-N) stock closed at a price of $27.86.
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%.