Equities researchers at Deutsche Bank Aktiengesellschaft began coverage on shares of Engie (OTCMKTS:ENGIY – Get Free Report) 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.
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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.
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