Eiffage SA (OTCMKTS:EFGSY) Sees Large Drop in Short Interest

Eiffage SA (OTCMKTS:EFGSYGet Rating) was the target of a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 500 shares, a decline of 64.3% from the March 31st total of 1,400 shares. Based on an average daily volume of 1,600 shares, the short-interest ratio is currently 0.3 days.

OTCMKTS EFGSY opened at $20.02 on Thursday. The business has a 50-day moving average price of $20.26 and a 200-day moving average price of $20.39. Eiffage has a twelve month low of $17.66 and a twelve month high of $23.67.

Several analysts have issued reports on EFGSY shares. Societe Generale boosted their price target on Eiffage from €118.80 ($127.74) to €125.60 ($135.05) and gave the company a “buy” rating in a report on Friday, February 25th. JPMorgan Chase & Co. boosted their price target on Eiffage from €106.00 ($113.98) to €112.00 ($120.43) in a report on Tuesday, March 1st. Finally, Barclays upped their price objective on Eiffage from €120.00 ($129.03) to €129.00 ($138.71) and gave the stock an “overweight” rating in a research note on Thursday, February 24th. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $122.20.

About Eiffage (Get Rating)

Eiffage SA engages in the construction, infrastructure, energy systems, and concessions businesses in France and internationally. The company's Construction segment offers urban development, building design and construction, property development, and maintenance and facilities management services for public and private-sector customers.

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