WallBear

LONG STILL ON ENGIE

Long
EURONEXT:ENGI   ENGIE
$ENGI.PA (Engie) - Alerted last at €15.19 now €16.16
Form : Bullish
ENGIE trades on a P/E ratio of 43.9, With meaningful debt and a lack of recent earnings growth, the market has high expectations that the business will earn more in the future.
The company pointed out it has to enhance the growth potential of each of its activities, simplify its organisation and improve its business model in renewable energies and client solutions. Therefore as a long it looks strong for these reasons as well as a higher revenue outlook

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