Naturgy Energy Group, S.A. (OTCMKTS:GASNY) Receives Average Rating of “Sell” from Analysts

Shares of Naturgy Energy Group, S.A. (OTCMKTS:GASNY – Get Rating) have received an average recommendation of “Sell” from the ten ratings firms that are covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a sell recommendation and four have assigned a hold recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $26.15.

Several research firms recently issued reports on GASNY. JPMorgan Chase & Co. downgraded shares of Naturgy Energy Group from a “neutral” rating to an “underweight” rating in a research report on Friday, February 11th. Exane BNP Paribas downgraded shares of Naturgy Energy Group from a “neutral” rating to an “underperform” rating and set a €22.70 ($23.65) price target for the company. in a research report on Monday, February 14th. Finally, Barclays lifted their price target on shares of Naturgy Energy Group from €29.00 ($30.21) to €29.60 ($30.83) and gave the company an “equal weight” rating in a research report on Wednesday, May 18th.

Shares of GASNY opened at $5.79 on Monday. Naturgy Energy Group has a 12 month low of $4.74 and a 12 month high of $6.70. The stock’s 50-day moving average price is $5.89 and its two-hundred day moving average price is $5.83.

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

Naturgy Energy Group Company Profile (Get Rating)

Naturgy Energy Group, SA, together with its subsidiaries, engages in the supply, liquefaction, regasification, transport, storage, distribution, and sale of natural gas. It operates through Energy and Network Management, Renewables and New Business, Supply, and Rest segments. The company engages in the regulated gas and electricity distribution; sale of liquefied natural gas and the sea transport business; management of the gas pipelines and conventional thermal generation facilities; and generation and sale of electricity through wind, mini-hydro, solar, and cogeneration sources, as well as provision of supply management services.

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