Eiffage (OTCMKTS:EFGSY) Stock Rating Lowered by Zacks Research

Eiffage (OTCMKTS:EFGSY) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Wednesday, Zacks reports.

EFGSY has been the topic of several other research reports. The Goldman Sachs Group cut shares of Eiffage from a “buy” rating to a “neutral” rating in a research note on Thursday, May 21st. Morgan Stanley reiterated an “overweight” rating on shares of Eiffage in a research note on Friday, July 10th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Eiffage Stock Up 3.7%

Shares of OTCMKTS:EFGSY opened at $26.01 on Wednesday. Eiffage has a 1 year low of $24.16 and a 1 year high of $35.58. The stock’s fifty day moving average price is $27.95 and its 200-day moving average price is $30.19.

Eiffage Company Profile

Eiffage SA, traded over the counter under the symbol EFGSY, is a leading French construction and concessions group that offers a wide range of engineering and infrastructure services. The company’s core activities span civil engineering, metalworks, building construction and renovation, roadworks, and energy services. Through its integrated business model, Eiffage delivers turnkey solutions for public and private clients, from project financing and design to construction and long-term asset management.

In its concessions division, Eiffage invests in, finances and operates major transport and energy infrastructure assets such as motorways, tunnels and power distribution networks under public–private partnership arrangements.