ENI (NYSE:E) Stock Rating Upgraded by Morgan Stanley

Market Beat
2024.08.29 12:23
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Morgan Stanley upgraded ENI's stock rating from "equal weight" to "overweight," signaling increased confidence in its performance. Other analysts have recently adjusted their ratings, with some downgrading and some upgrading ENI. Currently, three analysts rate it as a hold, while four have a buy rating. ENI's market statistics show a P/E ratio of 14.08 and a market cap of approximately $68.15 billion. Despite missing earnings expectations in the last quarter, analysts predict growth in earnings per share for the current year.