Engie (OTCMKTS:ENGIY) Earns Hold Rating from Analysts at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft initiated coverage on shares of Engie (OTCMKTS:ENGIY) in a research note published on Wednesday morning, StockNewsAPI reports. The firm issued a hold rating on the utilities provider’s stock.

ENGIY has been the subject of a number of other reports. Sanford C. Bernstein assumed coverage on Engie in a report on Wednesday. They issued an outperform rating for the company. Bank of America upgraded shares of Engie from an underperform rating to a neutral rating in a research note on Wednesday.

Engie Price Performance

OTCMKTS ENGIY opened at $16.99 on Wednesday. Engie has a twelve month low of $13.98 and a twelve month high of $18.15. The company’s 50-day simple moving average is $17.17 and its 200 day simple moving average is $16.52.

Engie Company Profile

ENGIE SA engages in the power, natural gas, and energy services businesses. It operates through Renewables, Networks, Energy Solutions, FlexGen, Retail, Nuclear, and Others segments. The Renewables segment comprises renewable energy generation activities, including financing, construction, operation, and maintenance of renewable energy facilities using various energy sources, such as hydroelectric, onshore wind, photovoltaic solar, offshore wind, and geothermal.