Bernstein analyst Bartlomiej Kubicki initiated coverage of Engie SA with an Outperform rating and EUR 18.90 price target The firm cites the company’s valuation discount and high dividend yield, improving earnings quality, and the positive skew towards energy-market volatility, which is structurally increasing, for the Outperform rating.
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Read More on ENGIY:
- Engie SA resumed with a Buy at Deutsche Bank
- Engie SA price target raised to EUR 19 from EUR 18 at Morgan Stanley
- Engie SA initiated with a Buy at Jefferies
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