Eiffage (OTCMKTS:EFGSY) Shares Gap Down – Should You Sell?

Eiffage SA (OTCMKTS:EFGSYGet Free Report)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $27.46, but opened at $25.5160. Eiffage shares last traded at $25.5160, with a volume of 287 shares trading hands.

Analysts Set New Price Targets

EFGSY has been the subject of several recent research reports. The Goldman Sachs Group downgraded Eiffage from a “buy” rating to a “neutral” rating in a research note on Thursday, May 21st. Morgan Stanley reaffirmed an “overweight” rating on shares of Eiffage in a research report on Friday, July 10th. Finally, Zacks Research downgraded shares of Eiffage from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

View Our Latest Report on Eiffage

Eiffage Price Performance

The business has a 50-day moving average of $28.33 and a 200 day moving average of $30.41.

About Eiffage

(Get Free Report)

Eiffage SA, traded over the counter under the symbol EFGSY, is a leading French construction and concessions group that offers a wide range of engineering and infrastructure services. The company’s core activities span civil engineering, metalworks, building construction and renovation, roadworks, and energy services. Through its integrated business model, Eiffage delivers turnkey solutions for public and private clients, from project financing and design to construction and long-term asset management.

In its concessions division, Eiffage invests in, finances and operates major transport and energy infrastructure assets such as motorways, tunnels and power distribution networks under public–private partnership arrangements.

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