Engie Sa (EPA:ENGI) Receives €15.53 Average Target Price from Brokerages

Shares of Engie Sa (EPA:ENGI) have received a consensus rating of “Buy” from the ten research firms that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is €15.68 ($18.45).

Several brokerages have recently issued reports on ENGI. Berenberg Bank set a €16.00 ($18.82) price objective on shares of Engie in a research note on Wednesday, August 4th. The Goldman Sachs Group set a €16.30 ($19.18) target price on shares of Engie in a research report on Thursday, August 5th. Morgan Stanley set a €17.00 ($20.00) target price on shares of Engie in a research report on Monday. Barclays set a €16.00 ($18.82) target price on shares of Engie in a research report on Wednesday, September 15th. Finally, UBS Group set a €15.00 ($17.65) target price on shares of Engie in a research report on Thursday, September 9th.

Shares of ENGI remained flat at $€11.75 ($13.82) during mid-day trading on Friday. 6,973,336 shares of the stock traded hands, compared to its average volume of 8,250,000. The company has a fifty day moving average of €11.78 and a 200-day moving average of €12.05. Engie has a 12 month low of €12.16 ($14.31) and a 12 month high of €15.16 ($17.84).

About Engie

ENGIE SA engages in the power, natural gas, and energy services businesses. The company operates through France Excluding Infrastructures, France Infrastructures, Rest of Europe, Latin America, USA & Canada, Middle East, Asia, & Africa, and Others segments. It provides energy sales and services for buildings and industry, cities and regions, and infrastructures, as well as to individual and professional customers; and operates natural gas transportation, storage, and distribution networks and facilities, and LNG terminals primarily in France, as well as sells access rights to these terminals.

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Analyst Recommendations for Engie (EPA:ENGI)

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