The Goldman Sachs Group upgraded shares of Naturgy Energy Group (OTCMKTS:GASNY – Free Report) from a strong sell rating to a strong-buy rating in a report published on Wednesday,Zacks.com reports.
Naturgy Energy Group Stock Up 1.4%
Shares of OTCMKTS GASNY opened at $5.96 on Wednesday. Naturgy Energy Group has a 12-month low of $5.11 and a 12-month high of $6.40. The company has a 50-day moving average of $6.01 and a 200 day moving average of $6.05.
About Naturgy Energy Group
Naturgy Energy Group is a Madrid‐based global energy company primarily engaged in the distribution, transportation and commercialization of natural gas, as well as the generation and sale of electricity. Formerly known as Gas Natural Fenosa, the company rebranded to Naturgy in 2018 to reflect its broader focus on energy transition and sustainability. Its core activities span gas infrastructure development, liquefied natural gas (LNG) operations, power generation and retail energy services.
The company’s gas business encompasses network maintenance, storage and regasification terminals, alongside long‐term supply agreements and LNG trading.
Recommended Stories
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.
