Engie (OTCMKTS:ENGIY) Stock Rating Upgraded by Bank of America

Bank of America upgraded shares of Engie (OTCMKTS:ENGIY) from an underperform rating to a neutral rating in a research note released on Wednesday, Marketbeat reports.

Engie Stock Performance

Shares of OTCMKTS ENGIY opened at $16.99 on Wednesday. The business has a 50-day simple moving average of $17.17 and a two-hundred day simple moving average of $16.52. Engie has a 52 week low of $13.98 and a 52 week 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.