Engie (EPA:ENGI) received a €14.50 ($17.90) price objective from analysts at Royal Bank of Canada in a research report issued to clients and investors on Thursday. The brokerage presently has a “neutral” rating on the stock. Royal Bank of Canada’s price objective would indicate a potential upside of 12.40% from the company’s previous close.
Other analysts have also recently issued research reports about the stock. Deutsche Bank set a €15.50 ($19.14) price target on shares of Engie and gave the stock a “neutral” rating in a research note on Wednesday, December 6th. Goldman Sachs Group set a €15.50 ($19.14) price target on shares of Engie and gave the stock a “neutral” rating in a research note on Tuesday, October 24th. UBS Group set a €14.50 ($17.90) price target on shares of Engie and gave the stock a “neutral” rating in a research note on Thursday, November 9th. JPMorgan Chase & Co. set a €16.00 ($19.75) price target on shares of Engie and gave the stock a “buy” rating in a research note on Thursday, November 9th. Finally, Kepler Capital Markets set a €17.00 ($20.99) price target on shares of Engie and gave the stock a “buy” rating in a research note on Thursday, November 9th. Ten investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of €15.31 ($18.91).
Shares of Engie (EPA ENGI) opened at €12.90 ($15.93) on Thursday. The firm has a market cap of $31,420.00 and a price-to-earnings ratio of -41.61. Engie has a 52 week low of €10.92 ($13.48) and a 52 week high of €15.16 ($18.72).
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ENGIE SA engages in power, natural gas, and energy services businesses. The company operates through North America, Latin America, Africa/Asia, Benelux, France, Europe excluding France & Benelux, Infrastructures Europe, GEM & LNG, E&P, and Other segments. It engages in the generation and sale of power through nuclear, thermal, and renewable energy sources; and seawater desalination activities, as well as offers engineering services in the areas of energy, hydraulics, and infrastructure.
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