Engie SA (GSZ) PT Set at €15.30 by Societe Generale
Several other research firms also recently weighed in on GSZ. Goldman Sachs Group, Inc. (The) set a €14.90 ($17.74) target price on Engie SA and gave the company a neutral rating in a research report on Thursday, July 20th. Morgan Stanley set a €14.00 ($16.67) target price on Engie SA and gave the company a neutral rating in a research report on Monday, July 24th. HSBC Holdings plc set a €15.40 ($18.33) target price on Engie SA and gave the company a buy rating in a research report on Monday, May 29th. Royal Bank Of Canada set a €16.00 ($19.05) target price on Engie SA and gave the company a buy rating in a research report on Wednesday, June 28th. Finally, Credit Suisse Group set a €13.20 ($15.71) target price on Engie SA and gave the company a neutral rating in a research report on Friday, August 4th. Eight research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of €14.55 ($17.32).
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Engie SA Company Profile
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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