ENGIE – Sponsored ADR (OTCMKTS:ENGIY) Given Consensus Rating of “Moderate Buy” by Brokerages

ENGIE – Sponsored ADR (OTCMKTS:ENGIY) has earned an average recommendation of “Moderate Buy” from the six ratings firms that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company.

Several equities analysts have weighed in on ENGIY shares. Barclays reaffirmed an “overweight” rating on shares of ENGIE in a research note on Thursday, December 11th. Citigroup reaffirmed a “buy” rating on shares of ENGIE in a research report on Wednesday, December 3rd. Royal Bank Of Canada started coverage on shares of ENGIE in a research note on Tuesday, November 25th. They issued an “outperform” rating on the stock. Finally, Morgan Stanley reissued an “overweight” rating on shares of ENGIE in a research note on Friday, November 14th.

ENGIE Trading Down 0.2%

Shares of ENGIE stock opened at $26.00 on Friday. ENGIE has a 12 month low of $15.44 and a 12 month high of $26.21. The company has a quick ratio of 1.00, a current ratio of 1.06 and a debt-to-equity ratio of 1.09. The business has a fifty day simple moving average of $24.82 and a 200-day simple moving average of $23.06.

About ENGIE

ENGIE is a Paris-headquartered multinational energy company engaged across the value chain of electricity and natural gas, along with associated infrastructure and services. The company develops, builds and operates power generation assets (including gas-fired plants and an expanding portfolio of renewable generation such as wind, solar and hydro), trades and markets energy commodities, and supplies energy to industrial, commercial and residential customers. ENGIE also provides energy infrastructure and networks, liquefied natural gas (LNG) solutions, and a range of energy services including energy efficiency, facility management and distributed energy systems.

The group traces its modern corporate roots to the 2008 combination of Gaz de France and Suez, and subsequently adopted the ENGIE name in 2015 as part of a strategic repositioning.