Engie (OTCMKTS:ENGIY) Now Covered by Analysts at Deutsche Bank Aktiengesellschaft

Equities researchers at Deutsche Bank Aktiengesellschaft began coverage on shares of Engie (OTCMKTS:ENGIY) in a note issued to investors on Wednesday, StockNewsAPI reports. The brokerage set a “hold” rating on the utilities provider’s stock.

Several other equities research analysts have also recently weighed in on the company. Sanford C. Bernstein started coverage on Engie in a report on Wednesday. They set an “outperform” rating for the company. Bank of America raised Engie from an “underperform” rating to a “neutral” rating in a research note on Wednesday.

Engie Stock Performance

Engie stock traded up $0.01 during mid-day trading on Wednesday, hitting $17.35. The company’s stock had a trading volume of 55,930 shares, compared to its average volume of 206,456. The business has a 50 day moving average price of $17.07 and a 200-day moving average price of $16.51. 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.