Does Engie Still Offer Value After a 150% Five Year Share Price Surge?
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If you are wondering whether Engie is still good value after its strong run, you are not alone. This article will walk through what the current price really implies.
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The stock has slipped 1.5% over the last week but is still up 1.3% over the past month, 38.2% year to date, 53.4% over 1 year, 95.9% over 3 years and 150.0% over 5 years, which naturally raises the question of how much upside is left.
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Recent moves have been shaped by a broader rotation into energy transition and utility names, as investors search for stable cash flows with structural growth tailwinds. Policy support for renewables in Europe and continued attention on energy security have kept Engie in the spotlight, reinforcing the story behind its multi year rally.
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