Naturgy Energy Group (OTCMKTS:GASNY) Given “Outperform” Rating at Royal Bank of Canada

Royal Bank of Canada reiterated their outperform rating on shares of Naturgy Energy Group (OTCMKTS:GASNY) in a research note released on Thursday, The Fly reports.

A number of other brokerages have also recently commented on GASNY. Barclays reiterated an overweight rating on shares of Naturgy Energy Group in a report on Tuesday, June 8th. JPMorgan Chase & Co. reiterated a neutral rating on shares of Naturgy Energy Group in a report on Thursday, May 6th. Finally, Societe Generale set a $5.21 target price on Naturgy Energy Group and gave the stock a hold rating in a report on Tuesday, July 13th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of Hold and an average price target of $5.21.

OTCMKTS GASNY traded up $0.08 during trading on Thursday, hitting $5.22. 28,958 shares of the stock traded hands, compared to its average volume of 20,632. The company has a 50-day moving average of $5.19. Naturgy Energy Group has a 12-month low of $3.60 and a 12-month high of $5.39.

About Naturgy Energy Group

Naturgy Energy Group, SA, together with its subsidiaries, engages in the supply, liquefaction, regasification, transport, storage, distribution, and sale of natural gas in Spain and internationally. The company operates through Energy and Network Management, Renewables and New Business, and Marketing segments.

Recommended Story: Hang Seng Index (HSI)

The Fly logo

Analyst Recommendations for Naturgy Energy Group (OTCMKTS:GASNY)

Receive News & Ratings for Naturgy Energy Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Naturgy Energy Group and related companies with MarketBeat.com's FREE daily email newsletter.