Naturgy Energy Group (GASNY) Projected to Post Quarterly Earnings on Wednesday

Naturgy Energy Group (OTCMKTS:GASNY) is anticipated to release its resultson Wednesday, July 22nd. Analysts expect the company to announce earnings of $0.1091 per share and revenue of $5.14 billion for the quarter.

Naturgy Energy Group Price Performance

Shares of OTCMKTS GASNY opened at $6.54 on Monday. The stock’s fifty day moving average price is $6.52 and its two-hundred day moving average price is $6.23. Naturgy Energy Group has a one year low of $5.61 and a one year high of $6.91.

Analysts Set New Price Targets

A number of research firms have commented on GASNY. Morgan Stanley upgraded Naturgy Energy Group to an “overweight” rating in a research note on Thursday, May 21st. Royal Bank Of Canada raised Naturgy Energy Group from a “sector perform” rating to an “outperform” rating in a report on Tuesday, April 21st. Finally, BNP Paribas Exane upgraded Naturgy Energy Group from a “neutral” rating to an “outperform” rating in a research report on Thursday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the stock. According to data from MarketBeat.com, Naturgy Energy Group presently has an average rating of “Buy”.

About Naturgy Energy Group

Naturgy Energy Group is a Madrid‐based global energy company primarily engaged in the distribution, transportation and commercialization of natural gas, as well as the generation and sale of electricity. Formerly known as Gas Natural Fenosa, the company rebranded to Naturgy in 2018 to reflect its broader focus on energy transition and sustainability. Its core activities span gas infrastructure development, liquefied natural gas (LNG) operations, power generation and retail energy services.

The company’s gas business encompasses network maintenance, storage and regasification terminals, alongside long‐term supply agreements and LNG trading.