Engie (EPA:ENGI) has been given a €16.30 ($18.95) target price by stock analysts at Goldman Sachs Group in a note issued to investors on Monday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Goldman Sachs Group’s price target suggests a potential upside of 8.96% from the company’s current price.
ENGI has been the subject of a number of other research reports. HSBC set a €14.00 ($16.28) price target on shares of Engie and gave the stock a “neutral” rating in a research report on Thursday, July 18th. Deutsche Bank set a €15.50 ($18.02) price target on shares of Engie and gave the stock a “buy” rating in a research report on Tuesday, October 8th. JPMorgan Chase & Co. set a €18.50 ($21.51) price target on shares of Engie and gave the stock a “buy” rating in a research report on Tuesday, July 30th. Credit Suisse Group set a €15.30 ($17.79) price target on shares of Engie and gave the stock a “neutral” rating in a research report on Wednesday, October 16th. Finally, UBS Group set a €15.50 ($18.02) price objective on shares of Engie and gave the stock a “buy” rating in a report on Tuesday, September 17th. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Engie presently has an average rating of “Buy” and a consensus price target of €15.82 ($18.40).
ENGI stock opened at €14.96 ($17.40) on Monday. Engie has a twelve month low of €12.16 ($14.14) and a twelve month high of €15.16 ($17.63). The stock’s 50 day moving average is €14.44.
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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