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Jefferies Sticks to Their Buy Rating for ENI S.p.A. (0N9S)

Tipranks - Wed Apr 1, 1:36AM CDT

Jefferies analyst Mark Wilson maintained a Buy rating on ENI S.p.A. today and set a price target of €27.00.

End of Quarter Sale - 50% Off TipRanks

Wilson covers the Energy sector, focusing on stocks such as TotalEnergies SE, Shell (UK), and ENI S.p.A.. According to TipRanks, Wilson has an average return of 5.8% and a 57.25% success rate on recommended stocks.

In addition to Jefferies, ENI S.p.A. also received a Buy from Barclays’s Lydia Rainforth in a report issued today. However, on the same day, TipRanks – Google downgraded ENI S.p.A. (LSE: 0N9S) to a Hold.

Based on ENI S.p.A.’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €20.62 billion and a net profit of €90 million. In comparison, last year the company earned a revenue of €23.92 billion and had a net profit of €230 million

Based on the recent corporate insider activity of 68 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of 0N9S in relation to earlier this year.

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