ENGIE – Sponsored ADR (OTCMKTS:ENGIY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

ENGIE – Sponsored ADR (OTCMKTS:ENGIY) has been assigned a consensus recommendation of “Moderate Buy” from the six ratings firms that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating on the company.

A number of equities analysts have recently issued reports on ENGIY shares. Morgan Stanley reiterated an “overweight” rating on shares of ENGIE in a research note on Friday, November 14th. Barclays reaffirmed an “overweight” rating on shares of ENGIE in a research report on Thursday, December 11th. Royal Bank Of Canada assumed coverage on ENGIE in a report on Tuesday, November 25th. They issued an “outperform” rating on the stock. Finally, Citigroup restated a “buy” rating on shares of ENGIE in a research note on Wednesday, December 3rd.

ENGIE Price Performance

Shares of ENGIE stock opened at $26.27 on Friday. ENGIE has a 1 year low of $15.52 and a 1 year high of $26.38. The company has a current ratio of 1.06, a quick ratio of 1.00 and a debt-to-equity ratio of 1.09. The firm’s 50-day moving average is $25.10 and its two-hundred day moving average is $23.15.

ENGIE Company Profile

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.