Eni SpA’s assets selloff plan is more than halfway completed and is far ahead of schedule, according to a UBS report on Thursday, adding that it expects the remaining disposals this year to be mostly focused on the upstream business.

ENI (NYSE:E – Get Free Report) was downgraded by research analysts at UBS Group from a “buy” rating to a “neutral” rating in a note issued to investors on Wednesday, MarketBeat.com reports. E has been the subject of several other reports.

Eni's (NYSE:E) asset selloff plan is more than halfway completed and is far ahead of schedule, UBS analysts said Thursday, adding that the remaining disposals this year likely will be focused primarily on the upstream business.

Fintel reports that on January 6, 2025, BANCO SANTANDER downgraded their outlook for Eni S.p.A. (OTCPK:EIPAF) from Outperform to Neutral. Analyst Price Forecast Suggests 23.52% Upside As of October 23,