GDF Suez SA Receives Average Recommendation of “Hold” from Analysts (NASDAQ:GDFZY)
Shares of GDF Suez SA (NASDAQ:GDFZY) have received a consensus rating of “Hold” from the seven brokerages that are currently covering the stock, StockRatingsNetwork.com reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company.
GDFZY has been the subject of a number of recent research reports. Analysts at Bryan Garnier & Cie initiated coverage on shares of GDF Suez SA in a research note on Thursday, July 17th. They set a “buy” rating on the stock. Analysts at Raymond James upgraded shares of GDF Suez SA from an “underperform” rating to an “outperform” rating in a research note on Tuesday, July 15th.
GDF Suez SA (NASDAQ:GDFZY) traded down 1.40% on Tuesday, hitting $24.68. 9,791 shares of the company’s stock traded hands. GDF Suez SA has a 1-year low of $20.50 and a 1-year high of $28.70. The stock has a 50-day moving average of $26.05 and a 200-day moving average of $26.5. The company’s market cap is $58.476 billion.
GDF Suez SA is a France-based natural gas and electricity supplier. Its operations are organized in following business lines: Energy Europe, engaged in the production of electricity and distribution and supplying of gas through divisions in Benelux and Germany, the rest of European countries; Energy International which supplies North and Latin America, Middle East, Asia and Africa; Global Gas & LNG, which includes exploration and production of gas and oil, procurement and routing of gas and Liquefied Natural Gas (NASDAQ:GDFZY) and supplying accounts in Europe; Infrastructures, which operates the transport, supply and storage of natural gas; Energy Services, providing multi-technical services in the areas of engineering, installation or energy services; and Environment, specialized in services of water, waste and sanitation management.
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