ENGIE – Sponsored ADR (OTCMKTS:ENGIY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of ENGIE – Sponsored ADR (OTCMKTS:ENGIY) have received a consensus rating of “Moderate Buy” from the six brokerages that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company.

A number of equities research analysts have recently commented on the company. Royal Bank Of Canada initiated coverage on ENGIE in a research note on Tuesday, November 25th. They set an “outperform” rating on the stock. Barclays reaffirmed an “overweight” rating on shares of ENGIE in a research report on Thursday, December 11th. Citigroup reiterated a “buy” rating on shares of ENGIE in a research note on Wednesday, December 3rd. Finally, Morgan Stanley restated an “overweight” rating on shares of ENGIE in a research note on Friday, November 14th.

ENGIE Stock Performance

ENGIE stock opened at $26.32 on Friday. ENGIE has a 52 week low of $15.52 and a 52 week high of $26.38. The company’s 50 day moving average price is $24.96 and its two-hundred day moving average price is $23.11. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.06 and a quick ratio of 1.00.

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.