Eiffage (OTCMKTS:EFGSY) Downgraded by Zacks Research to “Strong Sell”

Zacks Research downgraded shares of Eiffage (OTCMKTS:EFGSY) from a hold rating to a strong sell rating in a research note published on Wednesday morning,Zacks reports.

Other equities analysts have also issued reports about the stock. The Goldman Sachs Group lowered shares of Eiffage from a “buy” rating to a “neutral” rating in a report on Thursday, May 21st. Morgan Stanley reaffirmed an “overweight” rating on shares of Eiffage in a report on Friday, July 10th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold”.

Eiffage Stock Performance

Eiffage stock opened at $26.01 on Wednesday. Eiffage has a 1 year low of $24.16 and a 1 year high of $35.58. The company’s 50-day moving average is $27.95 and its two-hundred day moving average is $30.19.

About Eiffage

Eiffage SA, traded over the counter under the symbol EFGSY, is a leading French construction and concessions group that offers a wide range of engineering and infrastructure services. The company’s core activities span civil engineering, metalworks, building construction and renovation, roadworks, and energy services. Through its integrated business model, Eiffage delivers turnkey solutions for public and private clients, from project financing and design to construction and long-term asset management.

In its concessions division, Eiffage invests in, finances and operates major transport and energy infrastructure assets such as motorways, tunnels and power distribution networks under public–private partnership arrangements.