Berenberg Bank set a €18.00 ($20.93) price target on Engie (EPA:ENGI) in a research report report published on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Several other analysts also recently commented on the stock. Credit Suisse Group set a €15.30 ($17.79) target price on shares of Engie and gave the company a neutral rating in a report on Wednesday, October 16th. Kepler Capital Markets set a €15.50 ($18.02) price target on shares of Engie and gave the company a buy rating in a research report on Tuesday, September 10th. HSBC set a €14.00 ($16.28) price target on shares of Engie and gave the company a neutral rating in a research report on Thursday, July 18th. Barclays set a €17.00 ($19.77) price target on shares of Engie and gave the company a buy rating in a research report on Wednesday, October 16th. Finally, JPMorgan Chase & Co. set a €18.50 ($21.51) price target on shares of Engie and gave the company a buy rating in a research report on Monday, October 21st. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Engie presently has an average rating of Buy and an average target price of €15.98 ($18.58).
Shares of ENGI stock opened at €15.00 ($17.44) on Tuesday. The firm has a 50-day moving average price of €14.65. Engie has a one year low of €12.16 ($14.14) and a one year 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, 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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