Jefferies analyst Zach Ho initiated coverage of Engie SA with a Buy rating and EUR 19 price target. The analyst sees Engie as a “compelling renewables play that trades at an unjustified, albeit narrowing discount to peers.” The firm expects Engie to continue trimming the valuation gap, with consensus earnings catch-up first on the horizon.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ENGIY:
Questions or Comments about the article? Write to editor@tipranks.com