Engie (EPA:ENGI) received a €14.00 ($16.28) target price from investment analysts at Deutsche Bank in a research note issued to investors on Friday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Deutsche Bank’s price target points to a potential upside of 6.59% from the company’s previous close.
A number of other equities research analysts also recently issued reports on ENGI. Goldman Sachs Group set a €14.30 ($16.63) target price on shares of Engie and gave the company a “neutral” rating in a report on Friday, April 5th. Kepler Capital Markets set a €15.00 ($17.44) target price on shares of Engie and gave the company a “buy” rating in a report on Thursday, March 14th. Barclays set a €16.00 ($18.60) target price on shares of Engie and gave the company a “buy” rating in a report on Monday, April 1st. Sanford C. Bernstein set a €15.00 ($17.44) price target on shares of Engie and gave the company a “buy” rating in a research report on Monday, February 4th. Finally, JPMorgan Chase & Co. set a €18.50 ($21.51) price target on shares of Engie and gave the company a “buy” rating in a research report on Thursday, February 28th. Four analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of €15.44 ($17.95).
Engie stock opened at €13.14 ($15.27) on Friday. Engie has a 1 year low of €12.16 ($14.14) and a 1 year high of €15.16 ($17.63).
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, solar, wind, biogas, 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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