ENGIE – Sponsored ADR (OTCMKTS:ENGIY) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of ENGIE – Sponsored ADR (OTCMKTS:ENGIY) have earned a consensus recommendation of “Moderate Buy” from the six analysts that are covering the stock, Marketbeat reports. One analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company.

Several research firms recently commented on ENGIY. Barclays restated an “overweight” rating on shares of ENGIE in a research note on Thursday, December 11th. Citigroup reaffirmed a “buy” rating on shares of ENGIE in a report on Wednesday, December 3rd. Royal Bank Of Canada started coverage on shares of ENGIE in a research report on Tuesday, November 25th. They issued an “outperform” rating for the company. Finally, Morgan Stanley reissued an “overweight” rating on shares of ENGIE in a research report on Friday, November 14th.

ENGIE Trading Up 0.1%

Shares of OTCMKTS ENGIY opened at $27.86 on Thursday. The business’s 50 day moving average is $26.10 and its 200-day moving average is $23.60. The company has a current ratio of 1.06, a quick ratio of 1.00 and a debt-to-equity ratio of 1.09. ENGIE has a 1-year low of $15.91 and a 1-year high of $28.02.

ENGIE Company Profile

ENGIE is a Paris-headquartered multinational energy company engaged across the value chain of electricity and natural gas, along with associated infrastructure and services. The company develops, builds and operates power generation assets (including gas-fired plants and an expanding portfolio of renewable generation such as wind, solar and hydro), trades and markets energy commodities, and supplies energy to industrial, commercial and residential customers. ENGIE also provides energy infrastructure and networks, liquefied natural gas (LNG) solutions, and a range of energy services including energy efficiency, facility management and distributed energy systems.

The group traces its modern corporate roots to the 2008 combination of Gaz de France and Suez, and subsequently adopted the ENGIE name in 2015 as part of a strategic repositioning.