Engie (EPA:ENGI) received a €15.00 ($17.44) price objective from equities research analysts at Kepler Capital Markets in a note issued to investors on Thursday. The brokerage currently has a “buy” rating on the stock.
Several other research analysts also recently issued reports on the company. HSBC set a €13.00 ($15.12) price objective on Engie and gave the stock a “neutral” rating in a research report on Friday, March 8th. Goldman Sachs Group set a €14.30 ($16.63) price target on Engie and gave the company a “neutral” rating in a report on Wednesday, March 6th. Deutsche Bank set a €13.50 ($15.70) price target on Engie and gave the company a “neutral” rating in a report on Friday, March 1st. Royal Bank of Canada set a €16.00 ($18.60) price target on Engie and gave the company a “buy” rating in a report on Thursday, February 28th. Finally, JPMorgan Chase & Co. set a €18.50 ($21.51) price target on Engie and gave the company a “buy” rating in a report on Thursday, February 28th. Three equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of €15.50 ($18.03).
Engie has a 12-month low of €12.16 ($14.14) and a 12-month high of €15.16 ($17.63).
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, 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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