Eni, an Italian oil and gas company, has received a reaffirmed 'buy' recommendation from UBS. UBS analysts have increased the target price for Eni's shares from €15 to €15.5, suggesting a potential upside of 7%. The analysts have reviewed Eni's recent quarterly publication and have observed a positively skewed risk profile.
They anticipate a decrease in debt levels and the possibility of further asset sales by the Group. Investors should take this updated outlook into consideration when evaluating their positions in Eni, as there is potential for improved financial metrics in the near future. It is always advisable for uninformed investors to seek guidance from a professional advisor before making investment decisions.