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Eni SPA (E) was Upgraded to a Buy Rating at HSBC

HSBC analyst Gordon Gray upgraded Eni SPA (EResearch Report) to Buy today. The company’s shares closed last Friday at $28.36.

According to TipRanks.com, Gray is a 1-star analyst with an average return of -3.7% and a 40.2% success rate. Gray covers the Utilities sector, focusing on stocks such as TotalEnergies, Exxon Mobil, and Equinor ASA.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Eni SPA.

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The company has a one-year high of $32.56 and a one-year low of $21.91. Currently, Eni SPA has an average volume of 553.6K.

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Eni S.p.A. is an Italy-based integrated energy company which engages in the exploration, development, and production of crude oil and natural gas. The company is also involved in production and marketing of basic petrochemicals, plastics and elastomers.

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