Engie SA (GSZ) PT Set at €16.20 by HSBC Holdings plc
Engie SA (EPA:GSZ) has been given a €16.20 ($19.29) price target by stock analysts at HSBC Holdings plc in a research note issued on Thursday. The firm currently has a “buy” rating on the stock.
GSZ has been the subject of several other research reports. Royal Bank Of Canada set a €16.50 ($19.64) price target on Engie SA and gave the stock a “buy” rating in a research note on Tuesday. J P Morgan Chase & Co set a €14.50 ($17.26) price objective on Engie SA and gave the company a “buy” rating in a report on Thursday, June 8th. Goldman Sachs Group, Inc. (The) set a €14.10 ($16.79) price objective on Engie SA and gave the company a “neutral” rating in a report on Friday, June 30th. UBS AG set a €12.50 ($14.88) price objective on Engie SA and gave the company a “neutral” rating in a report on Friday, May 12th. Finally, Morgan Stanley set a €14.00 ($16.67) price objective on Engie SA and gave the company a “neutral” rating in a report on Thursday, June 22nd. Eight investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Engie SA presently has a consensus rating of “Hold” and an average price target of €14.55 ($17.32).
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About Engie SA
Engie SA, formerly GDF Suez SA, is a France-based natural gas and electricity supplier. Its operations are organized in five business lines: Energy Europe, engaged in the production of electricity and distribution and supplying of gas in continental Europe; Energy International which supplies power within North and Latin America, the United Kingdom, Turkey, Middle East, Asia and Africa; Global Gas & LNG, which includes exploration and production of gas and oil, procurement and routing of gas and Liquefied Natural Gas (LNG) and supplying accounts in Europe; Infrastructures, which operates the transport, supply and storage of natural gas; and Energy Services, providing multi-technical services in the areas of engineering, installation or energy services.
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