UBS has increased its price target for Eni to 15.50 euros, up from the previous target of 15 euros, while maintaining a "Buy" rating.
The company's strong quarterly results and the positive impact of increased share buybacks were highlighted by analyst Joshua Stone. Despite some skepticism about whether the current share price reflects all potential gains, Stone believes there is still room for growth in Eni's shares.
Eni's stock is currently priced at 14.108 euros, reflecting a decline of 1.85% from the previous day. The stock has experienced fluctuations across different trading platforms, with prices ranging from 14.076 euros in Frankfurt to 14.20 euros in Munich. The year high for Eni's shares is 15.94 euros, while the year low is 13.49 euros.