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Berenberg Bank Keeps Their Hold Rating on ENI S.p.A. (0N9S)

Tipranks - Tipranks - Thu Jan 15, 2:40AM CST

Berenberg Bank analyst Henry Tarr maintained a Hold rating on ENI S.p.A. yesterday and set a price target of €14.50. The company’s shares closed yesterday at €16.43.

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Tarr covers the Energy sector, focusing on stocks such as BP, ENI S.p.A., and OMV AG. According to TipRanks, Tarr has an average return of 2.8% and a 53.87% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ENI S.p.A. with a €16.67 average price target, implying a 1.49% upside from current levels. In a report released on January 6, RBC Capital also maintained a Hold rating on the stock with a €17.00 price target.

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0N9S market cap is currently €48.9B and has a P/E ratio of 17.72.

Based on the recent corporate insider activity of 59 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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