Eiffage (OTCMKTS:EFGSY) Shares Gap Up – Here’s What Happened

Eiffage SA (OTCMKTS:EFGSY)’s share price gapped up before the market opened on Friday . The stock had previously closed at $26.67, but opened at $28.0160. Eiffage shares last traded at $28.0160, with a volume of 807 shares.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. The Goldman Sachs Group lowered shares of Eiffage from a “buy” rating to a “neutral” rating in a report on Thursday, May 21st. Zacks Research upgraded Eiffage from a “hold” rating to a “strong-buy” rating in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Eiffage has an average rating of “Buy”.

Eiffage Stock Up 1.3%

The company has a market capitalization of $13.68 billion and a P/E ratio of 56.03. The company’s fifty day moving average price is $29.90 and its 200 day moving average price is $30.73.

Eiffage Company Profile

Eiffage SA, traded over the counter under the symbol EFGSY, is a leading French construction and concessions group that offers a wide range of engineering and infrastructure services. The company’s core activities span civil engineering, metalworks, building construction and renovation, roadworks, and energy services. Through its integrated business model, Eiffage delivers turnkey solutions for public and private clients, from project financing and design to construction and long-term asset management.

In its concessions division, Eiffage invests in, finances and operates major transport and energy infrastructure assets such as motorways, tunnels and power distribution networks under public–private partnership arrangements.