Shares of ENI S.p.A. (E) Rise Above Previous 52-Week High

October 15, 2021 09:41:13

ENI S.p.A. (NYSE:E) traded today at a new 52-week high of $28.38. So far today approximately 78,000 shares have been exchanged, as compared to an average 30-day volume of 399,000 shares.

Potential upside of 1,575.4% exists for ENI S.p.A., based on a current level of $28.31 and analysts’ average consensus price target of $474.30.

Eni is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2020, the company produced 0.8 million barrels of liquids and 4.7 billion cubic feet of natural gas per day. At year-end 2020, Eni held reserves of 6.9 billion barrels of oil equivalent, 51% of which are liquids. The Italian government owns a 30.1% stake in the company.

In the past 52 weeks, shares of ENI S.p.A. have traded between a low of $13.36 and a high of $28.38 and is now at $28.31, which is 112% above that low price.

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