ENGIE – Sponsored ADR (OTCMKTS:ENGIY) Given Average Rating of “Moderate Buy” by Analysts

ENGIE – Sponsored ADR (OTCMKTS:ENGIY) has been given an average rating of “Moderate Buy” by the seven analysts that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and five have issued a buy rating on the company.

A number of equities analysts have commented on the company. Barclays restated an “overweight” rating on shares of ENGIE in a research note on Thursday, December 11th. Morgan Stanley restated an “overweight” rating on shares of ENGIE in a research report on Friday, November 14th. Citigroup restated a “buy” rating on shares of ENGIE in a research note on Wednesday, December 3rd. Berenberg Bank upgraded ENGIE to a “hold” rating in a research note on Wednesday. Finally, Royal Bank Of Canada began coverage on shares of ENGIE in a report on Tuesday, November 25th. They issued an “outperform” rating on the stock.

ENGIE Price Performance

ENGIE stock opened at $28.49 on Thursday. ENGIE has a 1 year low of $15.91 and a 1 year high of $28.54. The firm’s 50-day moving average is $26.21 and its 200-day moving average is $23.67. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.00 and a current ratio of 1.06.

ENGIE Company Profile

ENGIE is a Paris-headquartered multinational energy company engaged across the value chain of electricity and natural gas, along with associated infrastructure and services. The company develops, builds and operates power generation assets (including gas-fired plants and an expanding portfolio of renewable generation such as wind, solar and hydro), trades and markets energy commodities, and supplies energy to industrial, commercial and residential customers. ENGIE also provides energy infrastructure and networks, liquefied natural gas (LNG) solutions, and a range of energy services including energy efficiency, facility management and distributed energy systems.

The group traces its modern corporate roots to the 2008 combination of Gaz de France and Suez, and subsequently adopted the ENGIE name in 2015 as part of a strategic repositioning.