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Barclays Increases Engie (OTCMKTS:ENGIY) Price Target to €18.00

Defense World ·  Sep 21, 2022 03:11

Engie (OTCMKTS:ENGIY – Get Rating) had its price target upped by Barclays from €17.50 ($17.86) to €18.00 ($18.37) in a report released on Tuesday, The Fly reports.

Several other research analysts also recently commented on ENGIY. HSBC raised Engie from a hold rating to a buy rating in a report on Tuesday, May 31st. JPMorgan Chase & Co. lifted their price objective on Engie from €19.50 ($19.90) to €24.50 ($25.00) in a research note on Monday, August 22nd. Five investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Engie has a consensus rating of Buy and a consensus target price of $18.50.

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Engie Stock Down 3.0 %

OTCMKTS:ENGIY opened at $12.56 on Tuesday. The company has a current ratio of 1.14, a quick ratio of 1.07 and a debt-to-equity ratio of 0.73. Engie has a one year low of $10.43 and a one year high of $16.78. The firm's 50 day simple moving average is $12.44 and its 200 day simple moving average is $12.49.

Engie Company Profile

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ENGIE SA engages in the power, natural gas, and energy services businesses. It operates through Renewables, Networks, Energy Solutions, Thermal, Supply, Nuclear, and Others segments. The Renewables segment comprises renewable energy generation activities, including financing, construction, operation, and maintenance of renewable energy facilities using various energy sources, such as hydroelectric, onshore wind, photovoltaic solar, biomass, offshore wind, and geothermal.

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