Engie SA (EPA:GSZ) received a €14.50 ($16.67) price objective from research analysts at J P Morgan Chase & Co in a note issued to investors on Thursday. The brokerage currently has a “buy” rating on the stock.
GSZ has been the topic of a number of other research reports. Goldman Sachs Group, Inc. (The) set a €14.10 ($16.21) price objective on shares of Engie SA and gave the company a “neutral” rating in a research report on Wednesday, April 26th. S&P Global set a €14.00 ($16.09) price objective on shares of Engie SA and gave the company a “neutral” rating in a research report on Monday, May 8th. Deutsche Bank AG set a €13.00 ($14.94) price objective on shares of Engie SA and gave the company a “neutral” rating in a research report on Friday, April 28th. HSBC Holdings plc set a €15.40 ($17.70) price objective on shares of Engie SA and gave the company a “buy” rating in a research report on Monday, May 15th. Finally, Royal Bank Of Canada set a €16.00 ($18.39) price objective on shares of Engie SA and gave the company a “buy” rating in a research report on Wednesday, June 28th. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of €14.48 ($16.65).
About Engie SA
Engie SA, formerly GDF Suez SA, is a France-based natural gas and electricity supplier. Its operations are organized in five business lines: Energy Europe, engaged in the production of electricity and distribution and supplying of gas in continental Europe; Energy International which supplies power within North and Latin America, the United Kingdom, Turkey, Middle East, Asia and Africa; Global Gas & LNG, which includes exploration and production of gas and oil, procurement and routing of gas and Liquefied Natural Gas (LNG) and supplying accounts in Europe; Infrastructures, which operates the transport, supply and storage of natural gas; and Energy Services, providing multi-technical services in the areas of engineering, installation or energy services.
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