Engie (OTCMKTS:ENGIY) Raised to “Neutral” at Bank of America

Bank of America upgraded shares of Engie (OTCMKTS:ENGIY) from an underperform rating to a neutral rating in a report issued on Wednesday, MarketBeat Ratings reports.

Engie Price Performance

Shares of OTCMKTS ENGIY opened at $16.99 on Wednesday. The stock has a 50-day moving average price of $17.17 and a two-hundred day moving average price of $16.52. Engie has a 12 month low of $13.98 and a 12 month high of $18.15.

About Engie

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.