Goldman Sachs Group set a €16.30 ($18.95) price target on Engie (EPA:ENGI) in a report issued on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other brokerages also recently issued reports on ENGI. Credit Suisse Group set a €15.30 ($17.79) price target on Engie and gave the stock a neutral rating in a research report on Wednesday, October 16th. JPMorgan Chase & Co. set a €18.50 ($21.51) target price on Engie and gave the company a buy rating in a research report on Tuesday, July 30th. Barclays set a €17.00 ($19.77) target price on Engie and gave the company a buy rating in a research report on Wednesday, October 16th. Kepler Capital Markets set a €15.50 ($18.02) target price on Engie and gave the company a buy rating in a research report on Tuesday, September 10th. Finally, HSBC set a €14.00 ($16.28) target price on Engie and gave the company a neutral rating in a research report on Thursday, July 18th. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock has a consensus rating of Buy and an average price target of €15.82 ($18.40).
Shares of ENGI stock opened at €14.97 ($17.41) on Monday. The business’s 50 day simple moving average is €14.47. Engie has a 12-month low of €12.16 ($14.14) and a 12-month 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, 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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