ENGIE - Sponsored ADR (OTCMKTS:ENGIY) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts give ENGIE a consensus rating of “Moderate Buy” from nine brokerages, with a split of 3 holds, 4 buys and 2 strong buys.
• Shares opened at $34.67 and are trading near their 12‑month high of $35.16, with a 50‑day moving average of $32.60 and a 200‑day moving average of $28.55, suggesting recent upward momentum.
• Analyst actions are mixed: several firms (Kepler, Zacks) recently upgraded to strong‑buy while Sanford C. Bernstein downgraded to hold, reflecting divergent views on the stock’s near‑term outlook.

Shares of ENGIE - Sponsored ADR (OTCMKTS:ENGIY - Get Free Report) have been given an average rating of "Moderate Buy" by the nine brokerages that are covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold rating, four have given a buy rating and two have given a strong buy rating to the company.

ENGIY has been the topic of a number of research analyst reports. Sanford C. Bernstein cut ENGIE from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 14th. Berenberg Bank upgraded shares of ENGIE to a "hold" rating in a report on Wednesday, January 21st. Citigroup reissued a "buy" rating on shares of ENGIE in a research report on Friday, April 17th. Kepler Capital Markets raised shares of ENGIE to a "strong-buy" rating in a report on Thursday, March 19th. Finally, Zacks Research upgraded shares of ENGIE from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 27th.

ENGIE Price Performance

ENGIY opened at $34.67 on Friday. 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 has a 12-month low of $19.51 and a 12-month high of $35.16. The business has a 50 day moving average of $32.60 and a 200-day moving average of $28.55.

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.

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