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Eni S.p.A. (US:E) has been downgraded from Outperform to Neutral in a statement by Macquarie earlier today.

Macquarie has downgraded Eni S.p.A. (US:E) from Outperform to Neutral in a statement released on Wednesday June 21, 2017.

Boasting a price of $30.46, Eni S.p.A. (US:E) traded 1.54% higher on the day. With the last stock price close down 4.42% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Eni S.p.A. has recorded a 50-day average of $31.75 and a two hundred day average of $31.58. Volume of trade was up over the average, with 800,197 shares of E changing hands over the typical 211,134

Performance Chart

Eni S.p.A. (US:E)

Eni S.p.A. has a 52 week low of $26.15 and a 52 week high of $34.62 with a P/E ratio of 65.70 The company’s market cap is currently $0.

In addition to Macquarie reporting its stock price target, a total of 2 brokers have issued a research note on the company. The average stock price target is $41.65 with 2 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Eni S.p.A. (US:E)

Eni SpA (Eni) is an Italy-based company engaged in the exploration, development and production of hydrocarbons, in the supply and marketing of gas, liquefied natural gas (LNG) and power, in the refining and marketing of petroleum products, in the production and marketing of basic petrochemicals, plastics and elastomers and in commodity trading. The Company's segments include Exploration & Production, Gas & Power, and Refining & Marketing. Its Exploration & Production segment engages in oil and natural gas exploration and field development and production, as well as LNG operations in over 40 countries, including Italy, Libya, Egypt, Norway, the United Kingdom, Angola, Congo, Nigeria, the United States, Kazakhstan, Algeria, Australia, Venezuela, Iraq, Ghana and Mozambique. Its Gas & Power segment engages in supply, trading and marketing of gas, LNG and electricity, international gas transport activities and commodity trading and derivatives.

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