Engie (EPA:ENGI) Given a €19.50 Price Target at JPMorgan Chase & Co.

Engie (EPA:ENGIGet Rating) has been given a €19.50 ($20.97) price target by analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Tuesday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 67.32% from the company’s previous close.

Separately, The Goldman Sachs Group set a €19.30 ($20.75) price target on Engie in a research note on Wednesday, March 30th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, Engie currently has a consensus rating of “Buy” and an average price target of €16.48 ($17.72).

Shares of EPA:ENGI opened at €11.65 ($12.53) on Tuesday. The business has a 50-day moving average price of €12.45 and a two-hundred day moving average price of €12.72. Engie has a 1-year low of €12.16 ($13.08) and a 1-year high of €15.16 ($16.30).

Engie Company Profile (Get Rating)

ENGIE SA engages in the power, natural gas, and energy services businesses. It operates through Renewables, Networks, Energy Solutions, Thermal, Supply, Nuclear, and Others segments. The Renewables segment comprises renewable energy generation activities, including financing, construction, operation, and maintenance of renewable energy facilities using various energy sources, such as hydroelectric, onshore wind, photovoltaic solar, biomass, offshore wind, and geothermal.

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