Eni SpA (NYSE:E) saw unusually-strong trading volume on Tuesday . Approximately 756,017 shares traded hands during trading, a decline of 21% from the previous session’s volume of 952,642 shares.The stock last traded at $31.96 and had previously closed at $33.25.

A number of equities analysts have issued reports on E shares. Zacks Investment Research raised Eni SpA from a “hold” rating to a “buy” rating and set a $33.00 target price on the stock in a research report on Tuesday, June 28th. Collins Stewart reaffirmed a “hold” rating on shares of Eni SpA in a research report on Thursday, May 12th. Societe Generale lowered Eni SpA from a “buy” rating to a “hold” rating in a research report on Monday, May 2nd. Vetr raised Eni SpA from a “sell” rating to a “hold” rating and set a $28.96 target price on the stock in a research report on Monday, April 4th. Finally, Royal Bank Of Canada raised Eni SpA from a “sector perform” rating to an “outperform” rating and upped their target price for the company from $14.50 to $16.00 in a research report on Monday, March 21st. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the company’s stock. Eni SpA has an average rating of “Hold” and a consensus price target of $25.99.

The stock’s 50 day moving average is $30.99 and its 200-day moving average is $29.73. The stock’s market cap is $56.57 billion.

Other hedge funds and institutional investors recently modified their holdings of the company. Morgan Stanley raised its position in shares of Eni SpA by 27.9% in the fourth quarter. Morgan Stanley now owns 931,766 shares of the oil and gas exploration company’s stock worth $27,767,000 after buying an additional 203,315 shares in the last quarter. AMG National Trust Bank raised its position in shares of Eni SpA by 41.2% in the fourth quarter. AMG National Trust Bank now owns 35,895 shares of the oil and gas exploration company’s stock worth $1,070,000 after buying an additional 10,475 shares in the last quarter. Comerica Bank raised its position in shares of Eni SpA by 4.5% in the fourth quarter. Comerica Bank now owns 99,498 shares of the oil and gas exploration company’s stock worth $2,741,000 after buying an additional 4,240 shares in the last quarter. PNC Financial Services Group Inc. raised its position in shares of Eni SpA by 4,579.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 114,032 shares of the oil and gas exploration company’s stock worth $3,398,000 after buying an additional 111,595 shares in the last quarter. Finally, Oxford Asset Management raised its position in shares of Eni SpA by 169.6% in the fourth quarter. Oxford Asset Management now owns 68,021 shares of the oil and gas exploration company’s stock worth $2,030,000 after buying an additional 42,791 shares in the last quarter.

Eni SpA (Eni) is engaged in oil and gas exploration, development and production, marketing of gas, electricity and liquefied natural gas (LNG), power generation, refining and marketing of petroleum products, production and marketing of petrochemical products, commodity trading and oilfield services and engineering industries.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.