Engie: Credit Suisse neutral, raises target price
(CercleFinance.com) - On Monday a Credit Suisse analyst confirmed a "neutral" recommendation on the Engie share, while raising the corresponding target price - after updating estimates for the sector.
"We see further deterioration in commodity and power prices as the key risk both for fundamentals and sentiment in the short term," the broker said.
Credit Suisse has raised its target price for the Engie share from 15.30 euros to 16.90 euros.
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"We see further deterioration in commodity and power prices as the key risk both for fundamentals and sentiment in the short term," the broker said.
Credit Suisse has raised its target price for the Engie share from 15.30 euros to 16.90 euros.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.