HSBC Reiterates “€14.00” Price Target for Engie (EPA:ENGI)

HSBC set a €14.00 ($16.28) price target on Engie (EPA:ENGI) in a research report released on Thursday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

ENGI has been the topic of a number of other research reports. Deutsche Bank reissued a buy rating and set a $20.00 price objective on shares of STMicroelectronics in a report on Friday, May 10th. Royal Bank of Canada cut shares of Senior Housing Properties Trust from a sector perform rating to an underperform rating and set a $8.00 price objective on the stock. in a report on Tuesday, April 2nd. JPMorgan Chase & Co. set a €20.00 ($23.26) price objective on shares of STMicroelectronics and gave the stock a buy rating in a report on Tuesday, May 14th. Goldman Sachs Group set a $13.00 price objective on shares of Ford Motor and gave the stock a buy rating in a report on Thursday, June 13th. Finally, Barclays reissued a top pick rating and set a GBX 3,250 ($42.47) price objective on shares of in a report on Wednesday, June 19th. Three analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The company has a consensus rating of Buy and a consensus price target of €15.58 ($18.11).

ENGI stock opened at €13.75 ($15.99) on Thursday. Engie has a twelve month low of €12.16 ($14.14) and a twelve month high of €15.16 ($17.63). The business’s 50 day moving average is €13.36.

Engie Company Profile

ENGIE SA engages in power, natural gas, and energy services businesses. The company operates through North America, Latin America, Africa/Asia, Benelux, France, Europe excluding France & Benelux, Infrastructures Europe, GEM & LNG, and Other segments. It engages in the generation and sale of power through nuclear, thermal, solar, wind, biogas, and biomass resources; and seawater desalination activities, as well as offers engineering services in the areas of energy, hydraulics, and infrastructure.

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