Engie SA (GSZ) PT Set at €13.50 by UBS AG
Engie SA (EPA:GSZ) has been assigned a €13.50 ($15.88) price objective by equities researchers at UBS AG in a research report issued on Wednesday, www.boersen-zeitung.de reports. The brokerage presently has a “neutral” rating on the stock.
Several other research analysts also recently issued reports on GSZ. J P Morgan Chase & Co set a €14.50 ($17.06) price objective on Engie SA and gave the company a “buy” rating in a research note on Thursday, June 8th. Barclays PLC set a €13.70 ($16.12) target price on shares of Engie SA and gave the stock a “neutral” rating in a research report on Monday, June 12th. Goldman Sachs Group, Inc. (The) set a €14.10 ($16.59) target price on shares of Engie SA and gave the stock a “neutral” rating in a report on Wednesday, June 21st. Morgan Stanley set a €14.00 ($16.47) target price on shares of Engie SA and gave the stock a “neutral” rating in a report on Thursday, June 22nd. Finally, Royal Bank Of Canada set a €16.00 ($18.82) price target on shares of Engie SA and gave the company a “buy” rating in a research report on Wednesday, June 28th. Eight research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Engie SA currently has an average rating of “Hold” and a consensus price target of €14.62 ($17.20).
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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