Naturgy Energy Group (OTCMKTS:GASNY – Get Free Report) is projected to post its resultson Wednesday, July 22nd. Analysts expect the company to post earnings of $0.0722 per share and revenue of $11.2968 billion for the quarter.
Naturgy Energy Group Trading Up 1.5%
Shares of GASNY stock opened at $6.58 on Wednesday. Naturgy Energy Group has a fifty-two week low of $5.61 and a fifty-two week high of $6.91. The stock has a 50 day moving average price of $6.50 and a two-hundred day moving average price of $6.22.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on the stock. The Goldman Sachs Group raised shares of Naturgy Energy Group from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, March 18th. BNP Paribas Exane raised shares of Naturgy Energy Group from a “neutral” rating to an “outperform” rating in a research report on Thursday, May 21st. Royal Bank Of Canada raised shares of Naturgy Energy Group from a “sector perform” rating to an “outperform” rating in a report on Tuesday, April 21st. Finally, Morgan Stanley upgraded shares of Naturgy Energy Group to an “overweight” rating in a research report on Thursday, May 21st. One investment analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy”.
About Naturgy Energy Group
Naturgy Energy Group is a Madrid‐based global energy company primarily engaged in the distribution, transportation and commercialization of natural gas, as well as the generation and sale of electricity. Formerly known as Gas Natural Fenosa, the company rebranded to Naturgy in 2018 to reflect its broader focus on energy transition and sustainability. Its core activities span gas infrastructure development, liquefied natural gas (LNG) operations, power generation and retail energy services.
The company’s gas business encompasses network maintenance, storage and regasification terminals, alongside long‐term supply agreements and LNG trading.
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