Goldman Sachs Group set a €13.00 ($14.61) price objective on Engie (EPA:ENGI) in a research note published on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
ENGI has been the topic of several other research reports. UBS Group set a €9.85 ($11.07) price objective on Engie and gave the stock a neutral rating in a research report on Wednesday, May 13th. Deutsche Bank set a €12.00 ($13.48) price objective on Engie and gave the stock a neutral rating in a research report on Friday, July 17th. Credit Suisse Group set a €13.50 ($15.17) price target on Engie and gave the company a neutral rating in a research report on Thursday, June 11th. Morgan Stanley set a €13.00 ($14.61) price target on Engie and gave the company a buy rating in a research report on Wednesday, July 8th. Finally, Barclays set a €14.00 ($15.73) price target on Engie and gave the company a buy rating in a research report on Friday, June 5th. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average target price of €13.72 ($15.42).
ENGI stock opened at €11.29 ($12.69) on Wednesday. The stock’s fifty day simple moving average is €11.15 and its two-hundred day simple moving average is €11.99. Engie has a 1-year low of €12.16 ($13.66) and a 1-year high of €15.16 ($17.03).
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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