Engie (ENGI) PT Set at €16.00 by Societe Generale

Engie (EPA:ENGI) has been given a €16.00 ($18.60) price target by equities research analysts at Societe Generale in a report released on Wednesday. The firm currently has a “buy” rating on the stock. Societe Generale’s price objective points to a potential upside of 18.17% from the company’s current price.

ENGI has been the subject of several other research reports. Deutsche Bank reissued a “neutral” rating on shares of Engie in a research note on Friday, July 20th. BNP Paribas set a €16.60 ($19.30) price target on shares of Engie and gave the company a “buy” rating in a research note on Friday, September 21st. Goldman Sachs Group set a €14.00 ($16.28) price objective on shares of Engie and gave the stock a “neutral” rating in a report on Monday, September 10th. Credit Suisse Group set a €15.90 ($18.49) price objective on shares of Engie and gave the stock a “buy” rating in a report on Tuesday, July 31st. Finally, JPMorgan Chase & Co. set a €17.00 ($19.77) price objective on shares of Engie and gave the stock a “buy” rating in a report on Monday, July 23rd. Eight analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Engie presently has an average rating of “Buy” and an average target price of €15.31 ($17.81).

Engie stock opened at €13.54 ($15.74) on Wednesday. Engie has a 1-year low of €12.16 ($14.14) and a 1-year high of €15.16 ($17.63).

About Engie

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, and Other segments. It engages in the generation and sale of power through nuclear, thermal, and biomass resources; and seawater desalination activities, as well as offers engineering services in the areas of energy, hydraulics, and infrastructure.

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