Engie (ENGI) Given a €11.90 Price Target at HSBC

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HSBC set a €11.90 ($13.84) price objective on Engie (EPA:ENGI) in a research report released on Thursday morning. The brokerage currently has a sell rating on the stock.

A number of other analysts have also recently commented on the company. Deutsche Bank reissued a neutral rating on shares of Engie in a research report on Friday, July 20th. Berenberg Bank set a €15.50 ($18.02) price target on Engie and gave the stock a neutral rating in a research report on Wednesday, July 18th. Societe Generale set a €16.00 ($18.60) price target on Engie and gave the stock a buy rating in a research report on Friday, July 27th. Goldman Sachs Group set a €14.70 ($17.09) price target on Engie and gave the stock a neutral rating in a research report on Monday, July 23rd. Finally, JPMorgan Chase & Co. set a €17.00 ($19.77) price target on Engie and gave the stock a buy rating in a research report on Monday, July 23rd. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the company. Engie presently has an average rating of Hold and an average price target of €15.14 ($17.61).

Shares of ENGI opened at €13.54 ($15.74) on Thursday. Engie has a 52 week low of €12.16 ($14.14) and a 52 week high of €15.16 ($17.63).

About Engie

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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Analyst Recommendations for Engie (EPA:ENGI)

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