Berenberg Bank Analysts Give Engie (ENGI) a €15.00 Price Target
A number of other research firms have also weighed in on ENGI. Bank of America set a €17.00 ($20.24) price target on shares of Engie and gave the company a buy rating in a report on Wednesday, November 29th. Deutsche Bank set a €15.50 ($18.45) price objective on shares of Engie and gave the company a neutral rating in a research note on Wednesday, December 6th. S&P Global set a €16.00 ($19.05) price objective on shares of Engie and gave the company a neutral rating in a research note on Friday, November 10th. Goldman Sachs Group set a €15.50 ($18.45) price objective on shares of Engie and gave the company a neutral rating in a research note on Tuesday, October 24th. Finally, JPMorgan Chase & Co. set a €15.50 ($18.45) price objective on shares of Engie and gave the company a buy rating in a research note on Friday, October 6th. Nine research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of €15.46 ($18.40).
Shares of Engie (EPA:ENGI) opened at €14.56 ($17.33) on Friday. The firm has a market cap of $35,460.00 and a price-to-earnings ratio of -46.97. Engie has a fifty-two week low of €10.77 ($12.82) and a fifty-two week high of €15.16 ($18.05).
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, E&P, and Other segments. It engages in the generation and sale of power through nuclear, thermal, and renewable energy sources; and seawater desalination activities, as well as offers engineering services in the areas of energy, hydraulics, and infrastructure.
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