ENGIE – Sponsored ADR (OTCMKTS:ENGIY) Receives Average Recommendation of “Buy” from Brokerages

Shares of ENGIE – Sponsored ADR (OTCMKTS:ENGIY) have been given a consensus rating of “Buy” by the six analysts that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company.

A number of equities analysts have issued reports on the stock. Morgan Stanley reaffirmed an “overweight” rating on shares of ENGIE in a research note on Friday, November 14th. Royal Bank Of Canada initiated coverage on ENGIE in a research note on Tuesday, November 25th. They issued an “outperform” rating on the stock. Zacks Research cut ENGIE from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 20th. Finally, Citigroup reaffirmed a “buy” rating on shares of ENGIE in a research note on Wednesday.

ENGIE Price Performance

ENGIE stock opened at $24.96 on Wednesday. ENGIE has a 1 year low of $15.10 and a 1 year high of $25.70. The company’s 50-day moving average is $23.73 and its two-hundred day moving average is $22.63. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.00 and a current ratio of 1.06.

ENGIE Company Profile

ENGIE SA engages in the power, natural gas, and energy services businesses. It operates through Renewables, Networks, Energy Solutions, FlexGen, Retail, 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, offshore wind, and geothermal.