ENI (E) Receives News Sentiment Rating of 0.73
Media stories about ENI (NYSE:E) have trended somewhat positive this week, InfoTrie reports. The research group identifies negative and positive press coverage by monitoring more than 6,000 blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. ENI earned a media sentiment score of 0.73 on their scale. InfoTrie also gave headlines about the oil and gas exploration company an news buzz score of 3 out of 10, indicating that recent press coverage is unlikely to have an effect on the stock’s share price in the near term.
These are some of the media stories that may have impacted ENI’s analysis:
- ENI (E) Receives News Impact Score of 3.00 (americanbankingnews.com)
- [$$] Shape of EU carbon market unclear after UK axes auctions (finance.yahoo.com)
- Italy won’t sell stakes in Eni, family jewels in privatisation drive – Deputy PM (reuters.com)
- Eni Expands Footprint in Abu Dhabi With Ghasha Concession (finance.yahoo.com)
- Can Indonesia Turn Around Its Production Decline? (finance.yahoo.com)
Several brokerages have recently commented on E. ValuEngine lowered ENI from a “hold” rating to a “sell” rating in a research note on Thursday, November 8th. Zacks Investment Research raised ENI from a “hold” rating to a “buy” rating and set a $40.00 price target on the stock in a research note on Tuesday, October 16th. Bank of America raised ENI from a “neutral” rating to a “buy” rating in a research note on Friday, October 5th. Berenberg Bank began coverage on ENI in a research note on Tuesday, September 11th. They set a “hold” rating on the stock. Finally, Barclays lowered ENI from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, September 11th. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $37.12.
ENI (NYSE:E) last posted its earnings results on Wednesday, November 7th. The oil and gas exploration company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.23. ENI had a return on equity of 8.38% and a net margin of 7.47%. The firm had revenue of $23.14 billion for the quarter. Analysts expect that ENI will post 3.15 EPS for the current fiscal year.
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Eni S.p.A. engages in the oil and gas, electricity generation and sale, and petrochemicals businesses. The company is involved in the oil and natural gas exploration, and field development and production activities, as well as liquefied natural gas (LNG) operations in 46 countries, including Italy, Libya, Egypt, Norway, the United Kingdom, Angola, Congo, Nigeria, the United States, Kazakhstan, Algeria, Australia, Venezuela, Iraq, Indonesia, Ghana, and Mozambique.
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