ENGIE – Sponsored ADR (OTCMKTS:ENGIY) Stock Rated “Moderate Buy” by Wall Street Analysts

Shares of ENGIE – Sponsored ADR (OTCMKTS:ENGIY) have earned a consensus rating of “Moderate Buy” from the nine analysts that are presently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company.

Several brokerages have recently issued reports on ENGIY. Barclays restated an “overweight” rating on shares of ENGIE in a research note on Thursday, June 18th. Zacks Research lowered ENGIE from a “strong-buy” rating to a “hold” rating in a report on Friday, July 10th.

ENGIE Stock Performance

OTCMKTS ENGIY opened at $25.71 on Tuesday. ENGIE has a 52-week low of $21.31 and a 52-week high of $35.16. The company has a 50-day simple moving average of $28.50 and a 200 day simple moving average of $30.68.

About ENGIE

ENGIE is a France-based energy and infrastructure company that develops, operates and manages assets across the energy value chain. Its activities include renewable power generation, energy networks, flexible and thermal power generation, and energy services for commercial, industrial and public-sector customers.

The company produces electricity from renewable sources such as wind, solar and hydropower, while also operating gas and electricity networks and providing solutions related to district heating, cooling, energy efficiency and facilities management.