Shares of ENI S.p.A. (NYSE:E) traded at a new 52-week high today of $28.52. So far today approximately 104,000 shares have been exchanged, as compared to an average 30-day volume of 404,000 shares.
Over the past year, ENI S.p.A. has traded in a range of $13.36 to $28.52 and is now at $28.43, 113% above that low.
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.
There is potential upside of 1,568.4% for shares of ENI S.p.A. based on a current price of $28.43 and an average consensus analyst price target of $474.30.
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