Engie (EPA:ENGI) PT Set at €13.00 by Goldman Sachs Group
Goldman Sachs Group set a €13.00 ($14.61) target price on Engie (EPA:ENGI) in a research note issued to investors on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other equities research analysts have also issued reports on the stock. UBS Group set a €9.85 ($11.07) price target on shares of Engie and gave the company a neutral rating in a report on Wednesday, May 13th. Deutsche Bank set a €12.00 ($13.48) price target on shares of Engie and gave the company a neutral rating in a report on Friday, July 17th. Morgan Stanley set a €13.00 ($14.61) price target on shares of Engie and gave the company a buy rating in a report on Wednesday, July 8th. JPMorgan Chase & Co. set a €16.00 ($17.98) target price on shares of Engie and gave the stock a buy rating in a research report on Thursday, May 7th. Finally, Credit Suisse Group set a €13.50 ($15.17) target price on shares of Engie and gave the stock a neutral rating in a research report on Thursday, June 11th. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of €13.72 ($15.42).
ENGI stock opened at €11.29 ($12.69) on Wednesday. Engie has a 12 month low of €12.16 ($13.66) and a 12 month high of €15.16 ($17.03). The company’s 50-day moving average price is €11.15 and its two-hundred day moving average price is €11.99.
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, solar, wind, biogas, 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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