Engie (ENGIY) Stock Forecast & Price Target

$17.19

-0.16 (-0.92%)

(As of 10/2/2024 ET)

Engie - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 3 Analyst Ratings

Sell
0

Hold
2

Buy
1

Based on 3 Wall Street analysts who have issued ratings for Engie in the last 12 months, the stock has a consensus rating of "Hold." Out of the 3 analysts, 2 have given a hold rating, and 1 has given a buy rating for ENGIY.

Consensus Price Target

N/A

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ENGIY Analyst Ratings Over Time

Type	Current Forecast 10/3/23 to 10/2/24	1 Month Ago 9/3/23 to 9/2/24	3 Months Ago 7/5/23 to 7/4/24	1 Year Ago 10/3/22 to 10/3/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	0 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)
Hold	2 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	N/A	N/A	N/A	N/A
Forecasted Upside	N/A	N/A	N/A	N/A
Consensus Rating	Hold	Hold	Moderate Buy	Moderate Buy

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ENGIY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

ENGIY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Engie Stock vs. The Competition

Type	Engie	Utilities Companies	S&P 500
Consensus Rating Score	2.33	2.48	2.50
Consensus Rating	Hold	Hold	Hold
Predicted Upside	N/A	15.64% Upside	6.89% Upside
News Sentiment Rating	Neutral News See Recent ENGIY News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target
10/2/2024	Deutsche Bank Aktiengesellschaft 2 of 5 stars	Initiated Coverage	Hold
10/2/2024	Sanford C. Bernstein 3 of 5 stars	Initiated Coverage	Outperform
10/2/2024	Bank of America 4 of 5 stars	Upgrade	Underperform ➝ Neutral
9/28/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Equal Weight
8/7/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform ➝ Outperform
12/13/2022	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		€24.50 ➝ €23.00

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 12:27 AM ET.

Should I Buy Engie Stock? ENGIY Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, September 24, 2024. Please send any questions or comments about these Engie pros and cons to contact@marketbeat.com.

Engie
Bull Case

Here are some ways that investors could benefit from investing in Engie SA:

Engie SA's diversified business segments, including renewables, networks, energy solutions, and retail, provide a stable revenue stream and exposure to various sectors of the energy industry.
Recent investments in flexible thermal generation, battery storage facilities, and low-carbon hydrogen solutions position Engie SA well in the transition to cleaner energy sources, aligning with global sustainability trends.
Engie SA's focus on decentralized energy networks and renewable energy generation activities reflects a commitment to environmental sustainability, appealing to socially responsible investors.
Strong presence in natural gas distribution and nuclear power generation activities offers Engie SA a balanced portfolio in the energy sector, reducing dependency on a single energy source.
Current stock price of Engie SA is showing resilience and potential for growth, making it an attractive investment opportunity in the energy industry.

Engie
Bear Case

Investors should be bearish about investing in Engie SA for these reasons:

Regulatory uncertainties in the energy sector could impact Engie SA's operations and profitability, leading to potential risks for investors.
Fluctuations in energy prices and market demand may affect Engie SA's financial performance, posing challenges for investors seeking stable returns.
Competition from other energy companies and technological advancements in the industry could pressure Engie SA's market position and margins, impacting investor confidence.
Geopolitical factors and global economic conditions may introduce volatility in Engie SA's stock price, requiring investors to closely monitor external factors influencing the energy market.
Transition towards renewable energy sources and evolving energy policies could require significant capital investments from Engie SA, potentially impacting short-term profitability and shareholder returns.

ENGIY Forecast - Frequently Asked Questions

: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Engie in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" ENGIY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ENGIY, but not buy additional shares or sell existing shares.
: According to analysts, Engie's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.
: Over the previous 90 days, Engie's stock had 1 upgrade by analysts.
: Engie has been rated by research analysts at Bank of America, Deutsche Bank Aktiengesellschaft, and Sanford C. Bernstein in the past 90 days.
: Analysts like Engie less than other "utilities" companies. The consensus rating score for Engie is 2.33 while the average consensus rating score for "utilities" companies is 2.47. Learn more on how ENGIY compares to other companies.

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This page (OTCMKTS:ENGIY) was last updated on 10/2/2024 by MarketBeat.com Staff

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