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

Shares of ENGIE – Sponsored ADR (OTCMKTS:ENGIY) have earned an average recommendation of “Moderate Buy” from the eight research firms that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company.

Several equities analysts have recently issued reports on ENGIY shares. Morgan Stanley reissued an “overweight” rating on shares of ENGIE in a report on Friday, November 14th. Zacks Research upgraded ENGIE from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 4th. Citigroup reissued a “buy” rating on shares of ENGIE in a research note on Wednesday, December 3rd. Barclays reaffirmed an “overweight” rating on shares of ENGIE in a research report on Thursday, December 11th. Finally, Royal Bank Of Canada assumed coverage on ENGIE in a report on Tuesday, November 25th. They set an “outperform” rating on the stock.

ENGIE Stock Performance

Shares of OTCMKTS ENGIY opened at $31.01 on Monday. ENGIE has a 52-week low of $16.20 and a 52-week high of $31.86. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.00 and a current ratio of 1.06. The firm has a 50 day moving average price of $27.74 and a 200 day moving average price of $24.46.

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.