Enagas (ENGGF) to Release Earnings on Wednesday

Enagas (OTCMKTS:ENGGF) is expected to announce its resultson Wednesday, April 29th. Analysts expect the company to announce earnings of $0.2537 per share and revenue of $219.5690 million for the quarter.

Enagas Price Performance

OTCMKTS ENGGF opened at $17.18 on Wednesday. Enagas has a 1-year low of $16.03 and a 1-year high of $18.00. The stock has a 50-day moving average of $17.01 and a 200-day moving average of $16.48.

Analysts Set New Price Targets

Separately, Morgan Stanley raised Enagas from an “underweight” rating to an “equal weight” rating in a research note on Tuesday, March 31st. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

About Enagas

Enagás is a Spanish energy company that specializes in the transportation and regasification of natural gas. As the independent technical manager of Spain’s gas system, the company oversees the planning, development and operation of the country’s high-pressure transmission network. Enagás’s core activities include the construction, maintenance and management of pipelines and storage facilities designed to ensure the reliable supply of natural gas to industrial, power generation and distribution customers across the Iberian Peninsula.

The company operates six liquefied natural gas (LNG) regasification plants strategically located on Spain’s Atlantic and Mediterranean coasts.