ENGIE (OTCMKTS:ENGIY) Upgraded at Kepler Capital Markets

Kepler Capital Markets upgraded shares of ENGIE (OTCMKTS:ENGIY) to a strong-buy rating in a research note released on Thursday morning,Zacks.com reports.

Several other analysts have also issued reports on the company. Citigroup reaffirmed a “buy” rating on shares of ENGIE in a research note on Wednesday, December 3rd. JPMorgan Chase & Co. lowered shares of ENGIE from an “overweight” rating to a “neutral” rating in a report on Thursday, February 5th. Zacks Research raised shares of ENGIE from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 4th. Barclays reaffirmed an “overweight” rating on shares of ENGIE in a report on Thursday, December 11th. Finally, Berenberg Bank upgraded shares of ENGIE to a “hold” rating in a research report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

ENGIE Price Performance

Shares of ENGIE stock opened at $30.56 on Thursday. 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 12 month low of $18.92 and a 12 month high of $35.16. The business’s 50-day moving average price is $30.56 and its 200-day moving average price is $26.21.

About ENGIE

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.