Engie: Barclays maintains Overweight rating

(CercleFinance.com) - Barclays reiterates its "overweight" recommendation on the Engie share, maintaining its target price of 14.
5 euros, believing that the share's outperformance (+7% since its interim results on 31 July versus -3% for the SX6P) is ready to continue.

In its comments on the energy services sector in Europe, the broker considers the underperformance of the RWE and EDF shares "unjustified" (both of which it has overweight ratings on) since their H1 2020 results.


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