Engie (ENGI) Given a €14.10 Price Target at Goldman Sachs Group
Engie (EPA:ENGI) received a €14.10 ($16.40) price objective from research analysts at Goldman Sachs Group in a research report issued to clients and investors on Tuesday. The brokerage presently has a “neutral” rating on the stock. Goldman Sachs Group’s price objective points to a potential upside of 4.14% from the company’s current price.
Other equities research analysts have also recently issued research reports about the stock. Deutsche Bank set a €14.50 ($16.86) target price on shares of Engie and gave the company a “neutral” rating in a research report on Friday, June 22nd. Berenberg Bank set a €15.50 ($18.02) target price on shares of Engie and gave the company a “neutral” rating in a research report on Wednesday, July 18th. UBS Group set a €14.00 ($16.28) target price on shares of Engie and gave the company a “neutral” rating in a research report on Monday, July 9th. Societe Generale set a €16.00 ($18.60) price objective on shares of Engie and gave the stock a “buy” rating in a research report on Friday, July 27th. Finally, Oddo Bhf set a €16.00 ($18.60) price objective on shares of Engie and gave the stock a “buy” rating in a research report on Thursday, June 21st. One investment 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. The stock has an average rating of “Hold” and an average target price of €15.15 ($17.62).
Shares of Engie stock opened at €13.54 ($15.74) on Tuesday. Engie has a 52-week low of €12.16 ($14.14) and a 52-week 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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