ENGIE - Sponsored ADR (OTCMKTS:ENGIY) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• ENGIE - Sponsored ADR has received a consensus recommendation of "Moderate Buy" from six brokerages, with ratings including two hold, three buy, and one strong buy.
• Zacks Research recently downgraded ENGIE from a "strong-buy" to a "hold" rating, while Barclays upgraded it to a "strong-buy".
• ENGIE's current share price is $22.01, with a one-year range between $15.10 and $23.70.

Shares of ENGIE - Sponsored ADR (OTCMKTS:ENGIY - Get Free Report) have been given a consensus rating of "Moderate Buy" by the six ratings firms that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company.

Several equities research analysts have issued reports on ENGIY shares. Morgan Stanley reiterated an "overweight" rating on shares of ENGIE in a research note on Monday, May 19th. Barclays upgraded shares of ENGIE from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, June 4th. Finally, Zacks Research lowered shares of ENGIE from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 20th.

ENGIE Stock Down 0.5%

Shares of OTCMKTS:ENGIY traded down $0.10 during midday trading on Friday, reaching $20.83. 54,177 shares of the company were exchanged, compared to its average volume of 245,296. ENGIE has a fifty-two week low of $15.10 and a fifty-two week high of $23.70. The company has a current ratio of 1.09, a quick ratio of 1.02 and a debt-to-equity ratio of 1.04. The stock has a fifty day simple moving average of $22.57 and a two-hundred day simple moving average of $20.79.

ENGIE Company Profile

ENGIE SA engages in the power, natural gas, and energy services businesses. It operates through Renewables, Networks, Energy Solutions, FlexGen, Retail, Nuclear, and Others segments. The Renewables segment comprises renewable energy generation activities, including financing, construction, operation, and maintenance of renewable energy facilities using various energy sources, such as hydroelectric, onshore wind, photovoltaic solar, offshore wind, and geothermal.