Engie SA (GSZ) Given Consensus Rating of “Buy” by Analysts

Engie SA (EPA:GSZ) has earned a consensus recommendation of “Buy” from the ten research firms that are covering the company, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is €14.65 ($16.28).

Several equities analysts have commented on the stock. Deutsche Bank AG set a €13.00 ($14.44) target price on shares of Engie SA and gave the stock a “neutral” rating in a research report on Tuesday, February 28th. Goldman Sachs Group, Inc. (The) set a €14.10 ($15.67) target price on shares of Engie SA and gave the stock a “neutral” rating in a research report on Wednesday, April 26th. HSBC Holdings plc set a €14.20 ($15.78) target price on shares of Engie SA and gave the stock a “buy” rating in a research report on Tuesday, March 7th. S&P Global set a €14.00 ($15.56) target price on shares of Engie SA and gave the stock a “neutral” rating in a research report on Friday, March 3rd. Finally, J P Morgan Chase & Co set a €14.50 ($16.11) target price on shares of Engie SA and gave the stock a “buy” rating in a research report on Tuesday, March 28th.

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Engie SA Company Profile

Engie SA, formerly GDF Suez SA, is a France-based natural gas and electricity supplier. Its operations are organized in five business lines: Energy Europe, engaged in the production of electricity and distribution and supplying of gas in continental Europe; Energy International which supplies power within North and Latin America, the United Kingdom, Turkey, Middle East, Asia and Africa; Global Gas & LNG, which includes exploration and production of gas and oil, procurement and routing of gas and Liquefied Natural Gas (LNG) and supplying accounts in Europe; Infrastructures, which operates the transport, supply and storage of natural gas; and Energy Services, providing multi-technical services in the areas of engineering, installation or energy services.

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