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ENI S.p.A. ( (IT:ENI) ) just unveiled an update.
Eni’s Board of Directors has approved the potential issuance of hybrid subordinated bonds, targeting institutional investors, with a total value not exceeding 1 billion euros. This move aims to support Eni’s financial stability and operational needs, potentially enhancing its market position and providing flexibility in financial management.
The most recent analyst rating on (IT:ENI) stock is a Sell with a EUR15.50 price target. To see the full list of analyst forecasts on ENI S.p.A. stock, see the IT:ENI Stock Forecast page.
More about ENI S.p.A.
Eni S.p.A. is a major player in the energy industry, focusing on the exploration, production, and distribution of oil and gas. The company is known for its commitment to sustainable energy solutions and operates globally, serving a diverse range of markets.
Average Trading Volume: 10,120,870
Technical Sentiment Signal: Buy
Current Market Cap: €49.03B
See more insights into ENI stock on TipRanks’ Stock Analysis page.