ENGIE – Sponsored ADR (OTCMKTS:ENGIY – Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $28.20, but opened at $27.35. ENGIE shares last traded at $27.35, with a volume of 17,699 shares changing hands.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on ENGIY. Zacks Research lowered shares of ENGIE from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 10th. Morgan Stanley reiterated an “overweight” rating on shares of ENGIE in a research note on Monday, May 11th. Finally, Barclays reissued an “overweight” rating on shares of ENGIE in a research note on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, ENGIE presently has a consensus rating of “Moderate Buy”.
View Our Latest Research Report on ENGIE
ENGIE Stock Performance
ENGIE Company Profile
ENGIE is a Paris-headquartered multinational energy company engaged across the value chain of electricity and natural gas, along with associated infrastructure and services. The company develops, builds and operates power generation assets (including gas-fired plants and an expanding portfolio of renewable generation such as wind, solar and hydro), trades and markets energy commodities, and supplies energy to industrial, commercial and residential customers. ENGIE also provides energy infrastructure and networks, liquefied natural gas (LNG) solutions, and a range of energy services including energy efficiency, facility management and distributed energy systems.
The group traces its modern corporate roots to the 2008 combination of Gaz de France and Suez, and subsequently adopted the ENGIE name in 2015 as part of a strategic repositioning.
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