Engie (ENGI) PT Set at €14.00 by Goldman Sachs Group
Engie (EPA:ENGI) received a €14.00 ($16.28) price objective from analysts at Goldman Sachs Group in a note issued to investors on Monday. The brokerage currently has a “neutral” rating on the stock. Goldman Sachs Group’s target price would indicate a potential upside of 3.40% from the stock’s previous close.
Several other analysts have also recently commented on the company. Kepler Capital Markets set a €15.20 ($17.67) price target on Engie and gave the stock a “buy” rating in a research report on Monday. BNP Paribas set a €16.60 ($19.30) price target on Engie and gave the stock a “buy” rating in a research report on Friday, September 21st. JPMorgan Chase & Co. set a €17.00 ($19.77) price target on Engie and gave the stock a “buy” rating in a research report on Thursday, September 20th. HSBC set a €11.90 ($13.84) price target on Engie and gave the stock a “sell” rating in a research report on Thursday, September 6th. Finally, Credit Suisse Group set a €15.90 ($18.49) price target on Engie and gave the stock a “buy” rating in a research report on Monday, September 3rd. One analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of €15.11 ($17.57).
Shares of ENGI opened at €13.54 ($15.74) on Monday. Engie has a one year low of €12.16 ($14.14) and a one year high of €15.16 ($17.63).
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, 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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