Engie (EPA:ENGI) has been assigned a €18.50 ($21.51) price target by investment analysts at JPMorgan Chase & Co. in a report issued on Monday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 23.66% from the company’s current price.
ENGI has been the topic of a number of other research reports. UBS Group set a €15.50 ($18.02) price objective on Engie and gave the stock a “buy” rating in a research report on Tuesday, September 17th. Credit Suisse Group set a €15.30 ($17.79) price target on Engie and gave the company a “neutral” rating in a research report on Wednesday, October 16th. Berenberg Bank set a €16.00 ($18.60) price target on Engie and gave the company a “buy” rating in a research report on Wednesday, September 4th. Goldman Sachs Group set a €16.30 ($18.95) price target on Engie and gave the company a “buy” rating in a research report on Monday. Finally, Kepler Capital Markets set a €15.50 ($18.02) price target on Engie and gave the company a “buy” rating in a research report on Tuesday, September 10th. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of €15.82 ($18.40).
Shares of ENGI stock opened at €14.96 ($17.40) on Monday. Engie has a 52-week low of €12.16 ($14.14) and a 52-week high of €15.16 ($17.63). The stock has a fifty day simple moving average of €14.44.
ENGIE SA engages in power, natural gas, and energy services businesses. The company operates through North America, Latin America, Africa/Asia, Benelux, France, Europe excluding France & Benelux, Infrastructures Europe, GEM & LNG, and Other segments. It engages in the generation and sale of power through nuclear, thermal, solar, wind, biogas, and biomass resources; and seawater desalination activities, as well as offers engineering services in the areas of energy, hydraulics, and infrastructure.
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