ENGIE (OTCMKTS:ENGIY) Rating Increased to Strong-Buy at Kepler Capital Markets

Kepler Capital Markets upgraded shares of ENGIE (OTCMKTS:ENGIY) to a strong-buy rating in a research report report published on Thursday morning,Zacks.com reports.

A number of other analysts also recently issued reports on the stock. Citigroup restated a “buy” rating on shares of ENGIE in a report on Wednesday, December 3rd. Berenberg Bank upgraded shares of ENGIE to a “hold” rating in a research note on Wednesday, January 21st. JPMorgan Chase & Co. lowered shares of ENGIE from an “overweight” rating to a “neutral” rating in a research report on Thursday, February 5th. Barclays restated an “overweight” rating on shares of ENGIE in a report on Thursday, December 11th. Finally, Zacks Research raised shares of ENGIE from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 4th. Two investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy”.

ENGIE Price Performance

Shares of OTCMKTS:ENGIY opened at $30.56 on Thursday. The business has a 50-day moving average of $30.56 and a two-hundred day 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 12 month low of $18.92 and a 12 month high of $35.16.

ENGIE Company Profile

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.