Eiffage (OTCMKTS:EFGSY) Sets New 1-Year Low – What’s Next?

Eiffage SA (OTCMKTS:EFGSY) shares reached a new 52-week low on Tuesday. The stock traded as low as $21.5150 and last traded at $22.0350, with a volume of 529 shares trading hands. The stock had previously closed at $22.39.

Analysts Set New Price Targets

EFGSY has been the topic of a number of research reports. Zacks Research lowered shares of Eiffage from a “hold” rating to a “strong sell” rating in a research report on Wednesday, September 2nd. Morgan Stanley reissued an “overweight” rating on shares of Eiffage in a report on Tuesday, September 22nd. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold”.

Eiffage Stock Down 1.6%

The stock has a 50-day moving average of $24.96 and a 200 day moving average of $28.31.

About Eiffage

Eiffage is a French engineering, construction and concessions company whose shares trade in the United States under the symbol EFGSY. The company operates across the infrastructure and built-environment sectors, combining contracting activities with the development and operation of long-term concession assets.

Its construction and infrastructure businesses provide services including civil engineering, transportation infrastructure, building construction, urban development, and maintenance.