ENGIE (OTCMKTS:ENGIY) Rating Increased to Strong-Buy at Kepler Capital Markets

Key Points

• Kepler Capital Markets upgraded ENGIE (OTCMKTS:ENGIY) to a strong-buy rating in a research report, marking the latest positive analyst move on the stock.
• Analyst consensus per MarketBeat shows 2 Strong Buy, 4 Buy and 2 Hold ratings, giving ENGIE an average rating of Buy.
• The stock opened at $30.56 and is trading near its 50-day SMA ($30.56) within a 52-week range of $18.92–$35.16, while financials show a current ratio of 1.06 and debt-to-equity of 1.09.

ENGIE (OTCMKTS:ENGIY - Get Free Report) was upgraded by analysts at Kepler Capital Markets to a "strong-buy" rating in a research report issued on Thursday,Zacks.com reports.

ENGIY has been the topic of a number of other research reports. Berenberg Bank raised ENGIE to a "hold" rating in a report on Wednesday, January 21st. Royal Bank Of Canada began coverage on ENGIE in a research report on Tuesday, November 25th. They set an "outperform" rating on the stock. Barclays restated an "overweight" rating on shares of ENGIE in a research note on Thursday, December 11th. Zacks Research raised shares of ENGIE from a "hold" rating to a "strong-buy" rating in a report on Wednesday, February 4th. Finally, Citigroup reiterated a "buy" rating on shares of ENGIE in a research note on Wednesday, December 3rd. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy".

ENGIE Price Performance

OTCMKTS:ENGIY opened at $30.56 on Thursday. The company has a current ratio of 1.06, a quick ratio of 1.00 and a debt-to-equity ratio of 1.09. ENGIE has a one year low of $18.92 and a one year high of $35.16. The stock has a 50-day simple moving average of $30.56 and a 200 day simple moving average of $26.17.

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.

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