UBS Group Analysts Give Engie (EPA:ENGI) a €17.00 Price Target

Engie (EPA:ENGIGet Rating) has been assigned a €17.00 ($17.71) target price by UBS Group in a report issued on Wednesday, Borsen Zeitung reports. UBS Group’s price objective points to a potential upside of 38.75% from the company’s current price.

Several other brokerages have also commented on ENGI. The Goldman Sachs Group set a €19.60 ($20.42) price target on Engie in a research note on Wednesday. Deutsche Bank Rese… set a €15.50 ($16.15) price target on Engie in a research note on Wednesday. Finally, JPMorgan Chase & Co. set a €19.50 ($20.31) price target on Engie in a research note on Tuesday, April 19th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of €16.46 ($17.15).

Shares of Engie stock traded up €0.62 ($0.65) during trading hours on Wednesday, hitting €12.25 ($12.76). The company’s stock had a trading volume of 14,012,533 shares, compared to its average volume of 8,250,000. Engie has a twelve month low of €12.16 ($12.67) and a twelve month high of €15.16 ($15.79). The firm has a fifty day moving average of €11.62 and a 200-day moving average of €12.66.

About Engie (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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Analyst Recommendations for Engie (EPA:ENGI)

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