Engie (OTCMKTS:ENGIY) Lifted to “Buy” at Goldman Sachs Group

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Engie (OTCMKTS:ENGIY) was upgraded by equities research analysts at Goldman Sachs Group from a “neutral” rating to a “buy” rating in a report issued on Thursday, The Fly reports.

Separately, JPMorgan Chase & Co. cut shares of Engie to a “hold” rating in a research note on Wednesday, April 10th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy”.

OTCMKTS ENGIY traded down $0.05 during trading on Thursday, reaching $14.65. The company’s stock had a trading volume of 154,897 shares, compared to its average volume of 705,439. Engie has a 1-year low of $12.81 and a 1-year high of $16.54.

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.

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