ENGIE (OTCMKTS:ENGIY) Stock Rating Upgraded by Kepler Capital Markets

ENGIE (OTCMKTS:ENGIY) was upgraded by analysts at Kepler Capital Markets to a “strong-buy” rating in a report released on Thursday,Zacks.com reports.

Several other research firms have also issued reports on ENGIY. Citigroup reissued a “buy” rating on shares of ENGIE in a report on Wednesday, December 3rd. Zacks Research upgraded shares of ENGIE from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 4th. JPMorgan Chase & Co. cut shares of ENGIE from an “overweight” rating to a “neutral” rating in a research note on Thursday, February 5th. Berenberg Bank upgraded shares of ENGIE to a “hold” rating in a research report on Wednesday, January 21st. Finally, Royal Bank Of Canada started coverage on shares of ENGIE in a report on Tuesday, November 25th. They issued an “outperform” rating for the company. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, ENGIE currently has a consensus rating of “Buy”.

ENGIE Trading Down 3.9%

Shares of ENGIY opened at $30.56 on Thursday. The business has a 50-day simple moving average of $30.56 and a two-hundred day simple moving average of $26.17. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.00 and a current ratio of 1.06. ENGIE has a 52 week low of $18.92 and a 52 week high of $35.16.

About ENGIE

ENGIE is a Paris-headquartered multinational energy company engaged across the value chain of electricity and natural gas, along with associated infrastructure and services. The company develops, builds and operates power generation assets (including gas-fired plants and an expanding portfolio of renewable generation such as wind, solar and hydro), trades and markets energy commodities, and supplies energy to industrial, commercial and residential customers. ENGIE also provides energy infrastructure and networks, liquefied natural gas (LNG) solutions, and a range of energy services including energy efficiency, facility management and distributed energy systems.

The group traces its modern corporate roots to the 2008 combination of Gaz de France and Suez, and subsequently adopted the ENGIE name in 2015 as part of a strategic repositioning.