Naturgy Energy Group, S.A. (OTCMKTS:GASNY) Given Consensus Rating of “Sell” by Analysts

Naturgy Energy Group, S.A. (OTCMKTS:GASNY – Get Rating) has been given an average rating of “Sell” by the ten research firms that are covering the firm, Marketbeat reports. Six investment analysts have rated the stock with a sell recommendation and three have assigned a hold recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $24.55.

A number of research firms have recently issued reports on GASNY. Exane BNP Paribas cut Naturgy Energy Group from a “neutral” rating to an “underperform” rating and set a €22.70 ($24.95) price objective on the stock. in a research report on Monday, February 14th. UBS Group cut Naturgy Energy Group from a “neutral” rating to a “sell” rating in a research report on Friday, January 14th. JPMorgan Chase & Co. cut Naturgy Energy Group from a “neutral” rating to an “underweight” rating in a research report on Friday, February 11th. Kepler Capital Markets cut Naturgy Energy Group from a “hold” rating to a “reduce” rating in a research report on Wednesday, January 12th. Finally, Barclays boosted their price objective on Naturgy Energy Group from €24.70 ($27.14) to €26.40 ($29.01) in a research report on Friday, January 28th.

OTCMKTS GASNY traded up $0.10 during trading on Friday, hitting $6.29. The company’s stock had a trading volume of 8,862 shares, compared to its average volume of 16,644. Naturgy Energy Group has a 52 week low of $4.74 and a 52 week high of $6.70. The firm has a 50 day moving average price of $5.63 and a 200 day moving average price of $5.64.

The business also recently declared a dividend, which was paid on Wednesday, April 6th. Shareholders of record on Friday, March 25th were given a $0.0783 dividend. This represents a yield of 3.57%. The ex-dividend date of this dividend was Thursday, March 24th.

Naturgy Energy Group Company Profile (Get Rating)

Naturgy Energy Group SA is engaged in the production and distribution of natural gas and electricity. It operates through the following segments: Gas & Electricity, EMEA Infrastructures, Latin America North Infrastructures and Latin America South Infrastructures. The Gas & Electricity segment includes the Supply of gas, electricity and services, International LNG supply, Electricity generation in Europe and International electricity generation.

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