Eni SpA reinstated with an Overweight at Barclays

Eni SpA reinstated with an Overweight at Barclays

Trading Now: Eni SpA reinstated with an Overweight at Barclays

Barclays analyst Joshua Stone reinstated coverage of Eni SpA with an Overweight rating and EUR 17.50 price target. The analyst thinks “there is much to like at Eni.” The company’s upstream business growing faster than its large-cap peers and its gas division is “vastly improved,” says Stone. The analyst believes the upcoming investor day “will drive a re-rating of the dividend.”

Published first on TheFly

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