ENGIE – Sponsored ADR (OTCMKTS:ENGIY) Stock Now Rated “Moderate Buy” by Sell-Side Analysts

Shares of ENGIE – Sponsored ADR (OTCMKTS:ENGIY) have received an average recommendation of “Moderate Buy” from the nine research firms that are currently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company.

ENGIY has been the topic of several recent analyst reports. Barclays reaffirmed an “overweight” rating on shares of ENGIE in a research report on Thursday, June 18th. Zacks Research downgraded ENGIE from a “strong-buy” rating to a “hold” rating in a report on Friday, July 10th.

ENGIE Trading Down 1.1%

ENGIY opened at $25.41 on Tuesday. ENGIE has a 52-week low of $21.31 and a 52-week high of $35.16. The business’s 50-day simple moving average is $28.72 and its 200 day simple moving average is $30.77.

ENGIE Company Profile

ENGIE is a France-based energy and infrastructure company that develops, operates and manages assets across the energy value chain. Its activities include renewable power generation, energy networks, flexible and thermal power generation, and energy services for commercial, industrial and public-sector customers.

The company produces electricity from renewable sources such as wind, solar and hydropower, while also operating gas and electricity networks and providing solutions related to district heating, cooling, energy efficiency and facilities management.