Royal Bank of Canada Reiterates €14.50 Price Target for Engie (ENGI)

Engie (EPA:ENGI) has been assigned a €14.50 ($17.90) price objective by equities researchers at Royal Bank of Canada in a research report issued on Thursday. The brokerage presently has a “neutral” rating on the stock. Royal Bank of Canada’s price objective indicates a potential upside of 12.40% from the stock’s previous close.

A number of other brokerages also recently commented on ENGI. Bank of America set a €17.00 ($20.99) price objective on shares of Engie and gave the company a “buy” rating in a research report on Wednesday, November 29th. Deutsche Bank set a €15.50 ($19.14) price objective on shares of Engie and gave the company a “neutral” rating in a research report on Wednesday, December 6th. Goldman Sachs Group set a €14.50 ($17.90) price objective on shares of Engie and gave the company a “neutral” rating in a research report on Tuesday. S&P Global set a €16.00 ($19.75) price objective on shares of Engie and gave the company a “neutral” rating in a research report on Friday, November 10th. Finally, Morgan Stanley set a €14.30 ($17.65) price objective on shares of Engie and gave the company a “neutral” rating in a research report on Monday, January 22nd. Ten investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of €15.31 ($18.91).

Shares of Engie (EPA ENGI) opened at €12.90 ($15.93) on Thursday. Engie has a 52-week low of €10.92 ($13.48) and a 52-week high of €15.16 ($18.72). The company has a market cap of $31,420.00 and a P/E ratio of -41.61.

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About Engie

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.

Analyst Recommendations for Engie (EPA:ENGI)

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