Engie (OTCMKTS:ENGIY) Price Target Raised to €18.00

Engie (OTCMKTS:ENGIYGet Rating) had its price target upped by Barclays from €17.50 ($17.86) to €18.00 ($18.37) in a research report sent to investors on Tuesday morning, The Fly reports.

Several other equities analysts have also recently issued reports on the company. JPMorgan Chase & Co. raised their price objective on Engie from €19.50 ($19.90) to €24.50 ($25.00) in a research note on Monday, August 22nd. HSBC upgraded Engie from a hold rating to a buy rating in a research note on Tuesday, May 31st. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Engie currently has an average rating of Buy and a consensus price target of $18.50.

Engie Price Performance

Engie stock opened at $12.53 on Tuesday. The company has a current ratio of 1.14, a quick ratio of 1.07 and a debt-to-equity ratio of 0.73. The stock has a 50 day moving average of $12.54 and a 200-day moving average of $12.50. Engie has a 52 week low of $10.43 and a 52 week high of $16.78.

About Engie

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ENGIE SA engages in the power, natural gas, and energy services businesses. It operates through Renewables, Networks, Energy Solutions, Thermal, Supply, Nuclear, and Others segments. The Renewables segment comprises renewable energy generation activities, including financing, construction, operation, and maintenance of renewable energy facilities using various energy sources, such as hydroelectric, onshore wind, photovoltaic solar, biomass, offshore wind, and geothermal.

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Analyst Recommendations for Engie (OTCMKTS:ENGIY)

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