Engie (EPA:ENGI) received a €14.70 ($18.15) price target from stock analysts at Goldman Sachs in a research note issued on Friday. The brokerage presently has a “neutral” rating on the stock. Goldman Sachs’ price target points to a potential upside of 8.57% from the stock’s previous close.
Other research analysts have also recently issued research reports about the stock. Credit Suisse Group set a €16.10 ($19.88) target price on shares of Engie and gave the stock a “buy” rating in a report on Wednesday. Royal Bank of Canada set a €14.50 ($17.90) target price on shares of Engie and gave the stock a “neutral” rating in a report on Thursday, February 8th. Barclays set a €13.50 ($16.67) target price on shares of Engie and gave the stock a “neutral” rating in a report on Wednesday, February 28th. UBS set a €15.00 ($18.52) target price on shares of Engie and gave the stock a “neutral” rating in a report on Friday, March 9th. Finally, Deutsche Bank set a €15.50 ($19.14) target price on shares of Engie and gave the stock a “neutral” rating in a report on Wednesday, January 31st. Ten investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Engie has a consensus rating of “Hold” and an average price target of €15.41 ($19.03).
Shares of Engie stock opened at €13.54 ($16.72) on Friday. Engie has a 1 year low of €12.16 ($15.01) and a 1 year high of €15.16 ($18.72).
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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, and Other segments. It engages in the generation and sale of power through nuclear, thermal, and biomass resources; and seawater desalination activities, as well as offers engineering services in the areas of energy, hydraulics, and infrastructure.
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