Engie (ENGIY) Upgraded by Berenberg Bank to “Buy”
Engie (OTCMKTS:ENGIY) was upgraded by stock analysts at Berenberg Bank from a “hold” rating to a “buy” rating in a research note issued on Monday.
Separately, ValuEngine cut Engie from a “buy” rating to a “hold” rating in a report on Wednesday, January 2nd.
OTCMKTS:ENGIY traded up $0.11 during trading hours on Monday, hitting $15.37. The company had a trading volume of 7,288 shares, compared to its average volume of 359,962. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.01 and a current ratio of 1.08. Engie has a 1 year low of $12.81 and a 1 year high of $18.07.
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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