Engie (EPA:ENGI) received a €15.50 ($18.02) price target from investment analysts at UBS Group in a research note issued on Thursday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. UBS Group’s target price points to a potential upside of 7.98% from the stock’s previous close.
Other equities analysts have also recently issued reports about the company. Deutsche Bank set a €15.50 ($18.02) target price on Engie and gave the stock a “buy” rating in a report on Tuesday, October 8th. Kepler Capital Markets set a €15.50 ($18.02) price target on Engie and gave the company a “buy” rating in a report on Tuesday, September 10th. Barclays set a €17.00 ($19.77) price target on Engie and gave the company a “buy” rating in a report on Wednesday, October 16th. Goldman Sachs Group set a €16.30 ($18.95) price target on Engie and gave the company a “buy” rating in a report on Monday, October 21st. Finally, Berenberg Bank set a €18.00 ($20.93) price target on Engie and gave the company a “buy” rating in a report on Tuesday, October 29th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Engie presently has a consensus rating of “Buy” and an average target price of €15.98 ($18.58).
Shares of Engie stock opened at €14.36 ($16.69) on Thursday. Engie has a one year low of €12.16 ($14.14) and a one year high of €15.16 ($17.63). The business has a fifty day moving average of €14.78.
Engie Company Profile
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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