Jefferies Sticks to Its Buy Rating for ENI S.p.A. (0N9S)
Jefferies analyst Mark Wilson maintained a Buy rating on ENI S.p.A. today and set a price target of €19.50.
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According to TipRanks, Wilson is a 3-star analyst with an average return of 1.0% and a 53.85% success rate. Wilson covers the Energy sector, focusing on stocks such as Shell (UK), TotalEnergies SE, and GALP Energia SGPS.
In addition to Jefferies, ENI S.p.A. also received a Buy from Barclays’s Lydia Rainforth in a report issued on January 23. However, today, TipRanks – Anthropic initiated coverage with a Hold rating on ENI S.p.A. (LSE: 0N9S).
Based on ENI S.p.A.’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €19.12 billion and a net profit of €543 million. In comparison, last year the company earned a revenue of €23.06 billion and had a net profit of €661 million
Based on the recent corporate insider activity of 60 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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