Engie SA (EPA:GSZ) Given Consensus Rating of “Hold” by Brokerages
Shares of Engie SA (EPA:GSZ) have been assigned an average rating of “Hold” from the twelve research firms that are covering the stock, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is €14.38 ($16.91).
A number of research firms recently issued reports on GSZ. UBS AG set a €12.50 ($14.71) price target on shares of Engie SA and gave the company a “neutral” rating in a research note on Saturday, May 20th. J P Morgan Chase & Co set a €14.50 ($17.06) price target on shares of Engie SA and gave the company a “buy” rating in a research note on Monday, July 31st. Credit Suisse Group set a €13.20 ($15.53) price target on shares of Engie SA and gave the company a “neutral” rating in a research note on Friday, August 4th. HSBC Holdings plc set a €15.40 ($18.12) price target on shares of Engie SA and gave the company a “buy” rating in a research note on Monday, May 29th. Finally, Morgan Stanley set a €14.00 ($16.47) target price on shares of Engie SA and gave the company a “neutral” rating in a research note on Monday, July 24th.
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Engie SA Company Profile
Engie SA, formerly GDF Suez SA, is a France-based natural gas and electricity supplier. Its operations are organized in five business lines: Energy Europe, engaged in the production of electricity and distribution and supplying of gas in continental Europe; Energy International which supplies power within North and Latin America, the United Kingdom, Turkey, 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 (LNG) and supplying accounts in Europe; Infrastructures, which operates the transport, supply and storage of natural gas; and Energy Services, providing multi-technical services in the areas of engineering, installation or energy services.
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