Engie (EPA:ENGI) Given a €16.30 Price Target at Goldman Sachs Group

Goldman Sachs Group set a €16.30 ($18.95) price objective on Engie (EPA:ENGI) in a research note released on Friday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

A number of other research analysts also recently commented on ENGI. UBS Group set a €15.50 ($18.02) target price on Engie and gave the company a buy rating in a research note on Thursday, November 7th. Berenberg Bank set a €18.00 ($20.93) target price on Engie and gave the company a buy rating in a research note on Tuesday, October 29th. Barclays set a €17.00 ($19.77) target price on Engie and gave the company a buy rating in a research note on Thursday, November 7th. Deutsche Bank set a €15.50 ($18.02) target price on Engie and gave the company a buy rating in a research note on Tuesday, October 8th. Finally, Morgan Stanley set a €18.00 ($20.93) target price on Engie and gave the company a buy rating in a research note on Monday, December 2nd. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company presently has a consensus rating of Buy and an average target price of €16.18 ($18.81).

Shares of ENGI stock traded up €0.09 ($0.10) on Friday, reaching €14.59 ($16.96). 7,065,197 shares of the company’s stock traded hands, compared to its average volume of 8,250,000. Engie has a 12-month low of €12.16 ($14.14) and a 12-month high of €15.16 ($17.63). The business’s 50 day moving average price is €14.48 and its two-hundred day moving average price is €13.93.

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.

See Also: Compound Annual Growth Rate (CAGR)

Analyst Recommendations for Engie (EPA:ENGI)

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