Engie (EPA:ENGI) received a €15.30 ($17.79) price target from equities research analysts at Credit Suisse Group in a research report issued on Friday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Credit Suisse Group’s price objective points to a potential upside of 0.59% from the stock’s current price.
A number of other research firms have also issued reports on ENGI. JPMorgan Chase & Co. set a €18.50 ($21.51) price target on shares of Engie and gave the stock a “buy” rating in a research report on Monday, January 6th. Deutsche Bank set a €15.50 ($18.02) price objective on shares of Engie and gave the company a “buy” rating in a research report on Tuesday, October 8th. UBS Group set a €16.50 ($19.19) price objective on shares of Engie and gave the company a “buy” rating in a research note on Friday, January 10th. Morgan Stanley set a €18.00 ($20.93) target price on shares of Engie and gave the stock a “buy” rating in a research report on Monday, December 2nd. Finally, Sanford C. Bernstein set a €16.80 ($19.53) target price on shares of Engie and gave the company a “buy” rating in a research note on Wednesday. Three investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of €16.33 ($18.98).
EPA:ENGI traded up €0.23 ($0.27) on Friday, hitting €15.21 ($17.69). 3,658,923 shares of the company’s stock traded hands, compared to its average volume of 8,250,000. Engie has a 1 year low of €12.16 ($14.14) and a 1 year high of €15.16 ($17.63). The firm has a 50-day moving average price of €14.59 and a 200-day moving average price of €14.22.
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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