Engie (ENGI) Given a €15.50 Price Target by Deutsche Bank Analysts
Engie (EPA:ENGI) received a €15.50 ($18.45) target price from equities research analysts at Deutsche Bank in a research report issued on Wednesday. The firm presently has a “neutral” rating on the stock. Deutsche Bank’s price objective would suggest a potential upside of 3.96% from the company’s current price.
ENGI has been the subject of a number of other reports. Bank of America set a €17.00 ($20.24) price target on shares of Engie and gave the company a “buy” rating in a research report on Wednesday, November 29th. UBS set a €13.50 ($16.07) price target on shares of Engie and gave the company a “neutral” rating in a research report on Wednesday, October 4th. set a €16.20 ($19.29) price target on shares of Engie and gave the company a “buy” rating in a research report on Thursday, September 7th. S&P Global set a €16.00 ($19.05) price target on shares of Engie and gave the company a “neutral” rating in a research report on Friday, November 10th. Finally, J P Morgan Chase & Co set a €15.50 ($18.45) price target on shares of Engie and gave the company a “buy” rating in a research report on Friday, October 6th. Eight equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of €15.49 ($18.44).
Shares of Engie (ENGI) opened at €14.91 ($17.75) on Wednesday. Engie has a 1 year low of €10.77 ($12.82) and a 1 year high of €15.16 ($18.05).
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Engie SA, formerly GDF Suez SA, is a France-based natural gas and electricity supplier. Its operations are organized in five business lines: Energy Europe, engaged in the production of electricity and distribution and supplying of gas in continental Europe; Energy International which supplies power within North and Latin America, the United Kingdom, Turkey, Middle East, Asia and Africa; Global Gas & LNG, which includes exploration and production of gas and oil, procurement and routing of gas and Liquefied Natural Gas (LNG) and supplying accounts in Europe; Infrastructures, which operates the transport, supply and storage of natural gas; and Energy Services, providing multi-technical services in the areas of engineering, installation or energy services.
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