ENGIE – Sponsored ADR (OTCMKTS:ENGIY) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of ENGIE – Sponsored ADR (OTCMKTS:ENGIY) have been assigned an average recommendation of “Moderate Buy” from the nine research firms that are covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the company.

ENGIY has been the topic of a number of analyst reports. Zacks Research raised shares of ENGIE from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. Sanford C. Bernstein downgraded shares of ENGIE from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 14th. Citigroup reissued a “buy” rating on shares of ENGIE in a report on Friday, April 17th. Berenberg Bank raised shares of ENGIE to a “hold” rating in a report on Wednesday, January 21st. Finally, JPMorgan Chase & Co. downgraded shares of ENGIE from an “overweight” rating to a “neutral” rating in a report on Thursday, February 5th.

ENGIE Price Performance

ENGIY opened at $32.56 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.08 and a debt-to-equity ratio of 1.06. The firm’s fifty day moving average price is $32.65 and its two-hundred day moving average price is $28.78. ENGIE has a 1 year low of $19.51 and a 1 year high of $35.16.

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.