Engie (EPA:ENGI) has been given a €14.50 ($17.90) price objective by Goldman Sachs Group in a report released on Tuesday. The firm presently has a “neutral” rating on the stock. Goldman Sachs Group’s price target would suggest a potential upside of 8.45% from the stock’s current price.
Several other brokerages have also recently issued reports on ENGI. Bank of America set a €17.00 ($20.99) price target on Engie and gave the company a “buy” rating in a research report on Wednesday, November 29th. Deutsche Bank set a €15.50 ($19.14) price target on Engie and gave the company a “neutral” rating in a research report on Wednesday, December 6th. S&P Global set a €16.00 ($19.75) price target on Engie and gave the company a “neutral” rating in a research report on Friday, November 10th. Morgan Stanley set a €14.30 ($17.65) price target on Engie and gave the company a “neutral” rating in a research report on Monday, January 22nd. Finally, UBS Group set a €14.50 ($17.90) price target on Engie and gave the company a “neutral” rating in a research report on Thursday, November 9th. Nine investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of €15.45 ($19.07).
Engie (EPA:ENGI) opened at €13.37 ($16.51) on Tuesday. The stock has a market capitalization of $32,560.00 and a PE ratio of -43.13. Engie has a 52-week low of €10.92 ($13.48) and a 52-week high of €15.16 ($18.72).
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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, E&P, and Other segments. It engages in the generation and sale of power through nuclear, thermal, and renewable energy sources; and seawater desalination activities, as well as offers engineering services in the areas of energy, hydraulics, and infrastructure.
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