Engie (EPA:ENGI) has been assigned a €15.00 ($18.52) target price by investment analysts at Berenberg Bank in a note issued to investors on Friday, January 12th. The brokerage presently has a “neutral” rating on the stock. Berenberg Bank’s price target points to a potential upside of 10.54% from the company’s current price.
Other analysts have also issued reports about the company. JPMorgan Chase & Co. set a €15.50 ($19.14) target price on Engie and gave the company a “buy” rating in a research note on Friday, October 6th. Kepler Capital Markets set a €17.00 ($20.99) target price on Engie and gave the company a “buy” rating in a research note on Thursday, November 9th. Bank of America set a €17.00 ($20.99) target price on Engie and gave the company a “buy” rating in a research note on Wednesday, November 29th. Deutsche Bank set a €15.50 ($19.14) target price on Engie and gave the company a “neutral” rating in a research note on Wednesday, December 6th. Finally, S&P Global set a €16.00 ($19.75) target price on Engie and gave the company a “neutral” rating in a research note on Friday, November 10th. Nine research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of €15.51 ($19.15).
Shares of Engie (ENGI) opened at €13.57 ($16.75) on Friday. Engie has a 1-year low of €10.92 ($13.48) and a 1-year high of €15.16 ($18.72). The company has a market cap of $33,060.00 and a PE ratio of -43.77.
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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, 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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