Engie SA (OTCMKTS:ENGIY) Receives Average Recommendation of “Buy” from Analysts

Engie SA (OTCMKTS:ENGIY) has been given an average recommendation of “Buy” by the six ratings firms that are currently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company.

A number of analysts have commented on ENGIY shares. Goldman Sachs Group raised shares of Engie from a “neutral” rating to a “buy” rating in a research report on Thursday, June 13th. Deutsche Bank raised shares of Engie from a “hold” rating to a “buy” rating in a research report on Tuesday, July 23rd.

Shares of ENGIY opened at $16.14 on Friday. The firm’s fifty day simple moving average is $15.48 and its two-hundred day simple moving average is $15.08. Engie has a 12 month low of $12.81 and a 12 month high of $16.52.

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.

Further Reading: Basic Economics

Analyst Recommendations for Engie (OTCMKTS:ENGIY)

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