ENGIE – Sponsored ADR (OTCMKTS:ENGIY) Given Average Rating of “Moderate Buy” by Analysts

ENGIE – Sponsored ADR (OTCMKTS:ENGIY) has been assigned a consensus rating of “Moderate Buy” from the eight brokerages that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of research analysts have issued reports on ENGIY shares. Zacks Research upgraded shares of ENGIE from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 4th. Berenberg Bank raised shares of ENGIE to a “hold” rating in a research note on Wednesday, January 21st. Citigroup restated a “buy” rating on shares of ENGIE in a report on Wednesday, December 3rd. Barclays reaffirmed an “overweight” rating on shares of ENGIE in a research note on Thursday, December 11th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of ENGIE in a research report on Friday, November 14th.

ENGIE Stock Performance

Shares of ENGIY opened at $31.01 on Monday. The stock’s fifty day simple moving average is $27.74 and its 200-day simple moving average is $24.46. ENGIE has a 12-month low of $16.20 and a 12-month high of $31.86. The company has a quick ratio of 1.00, a current ratio of 1.06 and a debt-to-equity ratio of 1.09.

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.