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

Shares of ENGIE – Sponsored ADR (OTCMKTS:ENGIY) have been assigned an average recommendation of “Moderate Buy” from the nine analysts that are presently covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating on the company.

Several equities research analysts recently commented on ENGIY shares. Zacks Research upgraded ENGIE from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. Sanford C. Bernstein downgraded ENGIE from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 14th. Kepler Capital Markets upgraded ENGIE to a “strong-buy” rating in a research note on Thursday, March 19th. Citigroup restated a “buy” rating on shares of ENGIE in a research note on Friday, April 17th. Finally, JPMorgan Chase & Co. cut ENGIE from an “overweight” rating to a “neutral” rating in a research report on Thursday, February 5th.

ENGIE Trading Up 1.0%

ENGIY opened at $31.95 on Wednesday. ENGIE has a 1 year low of $20.18 and a 1 year high of $35.16. The stock has a 50-day moving average price of $32.57 and a 200-day moving average price of $29.61. The company has a quick ratio of 1.03, a current ratio of 1.08 and a debt-to-equity ratio of 1.06.

ENGIE Company Profile

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.