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Analysts Offer Insights on Utilities Companies: ENGIE SA (OtherENGIY) and AGL Energy Limited (OtherAGLNF)

There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on ENGIE SA (ENGIYResearch Report) and AGL Energy Limited (AGLNFResearch Report) with bullish sentiments.

ENGIE SA (ENGIY)

In a report issued on August 21, Vincent Ayral from J.P. Morgan maintained a Buy rating on ENGIE SA, with a price target of EUR24.50. The company’s shares closed last Monday at $12.84.

According to TipRanks.com, Ayral is ranked #5564 out of 8020 analysts.

ENGIE SA has an analyst consensus of Moderate Buy, with a price target consensus of $24.35.

See today’s best-performing stocks on TipRanks >>

AGL Energy Limited (AGLNF)

In a report issued on August 19, Mark Busuttil from J.P. Morgan maintained a Buy rating on AGL Energy Limited, with a price target of A$10.00. The company’s shares closed last Friday at $5.40.

According to TipRanks.com, Busuttil is a 4-star analyst with an average return of 12.3% and a 55.9% success rate. Busuttil covers the Utilities sector, focusing on stocks such as Carnarvon Energy Limited, Origin Energy Limited, and Cooper Energy Limited.

AGL Energy Limited has an analyst consensus of Moderate Buy, with a price target consensus of $6.25, a 17.2% upside from current levels. In a report released yesterday, CLSA also maintained a Buy rating on the stock with a A$8.98 price target.

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