Eiffage (OTCMKTS:EFGSY) Rating Increased to Strong-Buy at Zacks Research

Eiffage (OTCMKTS:EFGSY) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

Separately, The Goldman Sachs Group lowered shares of Eiffage from a “buy” rating to a “neutral” rating in a report on Thursday, May 21st. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

Eiffage Price Performance

Eiffage stock opened at $28.40 on Monday. The company has a market cap of $13.92 billion and a price-to-earnings ratio of 56.03. Eiffage has a 12 month low of $23.65 and a 12 month high of $35.58. The stock’s 50-day moving average is $30.12 and its 200-day moving average is $30.76.

Eiffage Company Profile

Eiffage SA, traded over the counter under the symbol EFGSY, is a leading French construction and concessions group that offers a wide range of engineering and infrastructure services. The company’s core activities span civil engineering, metalworks, building construction and renovation, roadworks, and energy services. Through its integrated business model, Eiffage delivers turnkey solutions for public and private clients, from project financing and design to construction and long-term asset management.

In its concessions division, Eiffage invests in, finances and operates major transport and energy infrastructure assets such as motorways, tunnels and power distribution networks under public–private partnership arrangements.