Zacks Research Upgrades Eiffage (OTCMKTS:EFGSY) to “Strong-Buy”

Eiffage (OTCMKTS:EFGSY) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Monday,Zacks.com reports.

Separately, The Goldman Sachs Group lowered shares of Eiffage from a “buy” rating to a “neutral” rating in a research note on Thursday, May 21st. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Eiffage presently has an average rating of “Buy”.

Eiffage Trading Down 3.9%

EFGSY opened at $28.40 on Monday. The company has a market cap of $13.92 billion and a price-to-earnings ratio of 56.03. The stock has a fifty day simple moving average of $30.12 and a two-hundred day simple moving average of $30.76. Eiffage has a 12-month low of $23.65 and a 12-month high of $35.58.

Eiffage Company Profile

Eiffage SA, traded over the counter under the symbol EFGSY, is a leading French construction and concessions group that offers a wide range of engineering and infrastructure services. The company’s core activities span civil engineering, metalworks, building construction and renovation, roadworks, and energy services. Through its integrated business model, Eiffage delivers turnkey solutions for public and private clients, from project financing and design to construction and long-term asset management.

In its concessions division, Eiffage invests in, finances and operates major transport and energy infrastructure assets such as motorways, tunnels and power distribution networks under public–private partnership arrangements.