Engie (EPA:ENGI) Given a €15.30 Price Target at Credit Suisse Group

Engie (EPA:ENGI) received a €15.30 ($17.79) price target from Credit Suisse Group in a research report issued on Wednesday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the stock. Credit Suisse Group’s target price indicates a potential upside of 2.38% from the stock’s current price.

A number of other analysts also recently commented on ENGI. UBS Group set a €15.50 ($18.02) target price on Engie and gave the stock a “buy” rating in a research note on Tuesday, September 17th. HSBC set a €14.00 ($16.28) price target on Engie and gave the stock a “neutral” rating in a research report on Thursday, July 18th. Berenberg Bank set a €16.00 ($18.60) price target on Engie and gave the stock a “buy” rating in a research report on Wednesday, September 4th. Goldman Sachs Group set a €16.30 ($18.95) price target on Engie and gave the stock a “buy” rating in a research report on Tuesday, September 24th. Finally, Deutsche Bank set a €15.50 ($18.02) target price on Engie and gave the company a “buy” rating in a research report on Tuesday, October 8th. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of €15.82 ($18.40).

Shares of ENGI stock opened at €14.95 ($17.38) on Wednesday. Engie has a fifty-two week low of €12.16 ($14.14) and a fifty-two week high of €15.16 ($17.63). The company has a 50-day moving average price of €14.24.

About Engie

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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