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Eni SpA gets $34.60 target price with positive outlook on production growth and dividend hike.

Analyst Insights
23 Mar 2026
Defense World
View Source
Bullish
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Eni SpA received a "Moderate Buy" consensus from 12 analysts, with an average 12-month target price of $34.60. The company raised its dividend and launched a $1.7 billion buyback while maintaining production growth targets of up to 4% by 2030. These moves support cash returns and earnings per share, attracting income and momentum investors. However, Eni's recent deconsolidation of its renewable unit Plenitude may concern ESG-focused investors despite boosting cash and returns.

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