Engie (EPA:ENGI) has been assigned a €17.00 ($20.00) price target by equities researchers at JPMorgan Chase & Co. in a research note issued on Tuesday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 33.69% from the company’s previous close.
A number of other equities research analysts also recently issued reports on the stock. UBS Group set a €15.00 ($17.65) price target on shares of Engie and gave the stock a “buy” rating in a report on Thursday, April 29th. Deutsche Bank Aktiengesellschaft reissued a “neutral” rating on shares of Engie in a report on Tuesday, May 4th. The Goldman Sachs Group set a €15.30 ($18.00) price target on shares of Engie and gave the stock a “buy” rating in a report on Monday, April 26th. Finally, Credit Suisse Group set a €14.20 ($16.71) price objective on Engie and gave the company a “neutral” rating in a research note on Tuesday, January 26th. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of €14.75 ($17.35).
ENGI opened at €12.72 ($14.96) on Tuesday. The company has a 50 day moving average of €12.34 and a 200 day moving average of €12.41. Engie has a 12 month low of €12.16 ($14.31) and a 12 month high of €15.16 ($17.84).
ENGIE SA engages in the power, natural gas, and energy services businesses. The company operates through France Excluding Infrastructures, France Infrastructures, Rest of Europe, Latin America, USA & Canada, Middle East, Asia, & Africa, and Others segments. It provides energy sales and services for buildings and industry, cities and regions, and infrastructures, as well as to individual and professional customers; and operates natural gas transportation, storage, and distribution networks and facilities, and LNG terminals primarily in France, as well as sells access rights to these terminals.
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