ENGIE – Sponsored ADR (OTCMKTS:ENGIY) Receives Average Recommendation of “Moderate Buy” from Brokerages

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

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

ENGIE Trading Up 1.2%

ENGIY stock opened at $25.71 on Tuesday. The company’s 50 day simple moving average is $28.60 and its 200-day simple moving average is $30.74. ENGIE has a 12 month low of $21.31 and a 12 month high of $35.16.

ENGIE Company Profile

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.