BofA Lifts PT on Eni S.p.A. (E) to EUR 21 From EUR 18.50 – Here’s Why

Eni S.p.A. (NYSE:E) is 1 of the astir undervalued vigor stocks to bargain now. BofA lifted the terms people connected Eni S.p.A. (NYSE:E) to EUR 21 from EUR 18.50 connected March 13 and reaffirmed a Neutral standing connected the shares. Its commodities probe squad accrued lipid and state terms forecasts crossed 2026-27 to instrumentality into relationship the risks of a prolonged shutdown of the Strait of Hormuz, driving higher terms targets crossed the firm’s European lipid and state coverage.

Eni S.p.A. (NYSE:E) released its fiscal Q4 and full-year 2025 results connected February 26 and reported an adjusted nett income of €1.20 cardinal successful fiscal Q4, up 35% year-over-year. Fiscal Q4 CFFO came up to €3 billion, up 4% year-over-year. Management reported that currency travel remains good up of plan, with progressive portfolio absorption contributing to historically debased gearing of 14%.

In its operational highlights, Eni S.p.A. (NYSE:E) besides cited a binding statement signed with Petronas to found a jointly-controlled E&P outer implicit Indonesia/Malaysia. Management stated that the statement aims astatine combining 2 worldly state plus portfolios with affluent exploration imaginable and an archetypal accumulation level of implicit 300 Kboe/d, anticipated to rapidly ramp up to a sustainable level of implicit 500 Kboe/d.

Eni S.p.A. (NYSE:E) explores, refines, produces, and sells oil, electricity, gas, and chemicals. Its operations are divided into the pursuing segments: Exploration and Production, Global Gas and LNG Portfolio, Refining & Marketing and Chemicals, Power & Renewables, and Corporate and Other Activities.

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