Innogy SE (ETR:IGY) received a €41.50 ($47.70) price target from analysts at Goldman Sachs Group, Inc. (The) in a research note issued on Thursday. The brokerage currently has a “buy” rating on the stock.
IGY has been the subject of several other research reports. Deutsche Bank AG set a €37.00 ($42.53) price target on shares of Innogy SE and gave the company a “buy” rating in a research report on Friday, April 21st. HSBC Holdings plc set a €31.00 ($35.63) price target on shares of Innogy SE and gave the company a “sell” rating in a research report on Wednesday, April 26th. Morgan Stanley set a €32.00 ($36.78) price target on shares of Innogy SE and gave the company a “sell” rating in a research report on Monday, May 8th. Barclays PLC set a €33.00 ($37.93) price target on shares of Innogy SE and gave the company a “neutral” rating in a research report on Friday, May 5th. Finally, Jefferies Group LLC set a €34.00 ($39.08) price target on shares of Innogy SE and gave the company a “neutral” rating in a research report on Monday, April 24th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of €36.26 ($41.68).
Innogy SE (ETR IGY) opened at 35.32 on Thursday. The company has a 50-day moving average of €35.78 and a 200-day moving average of €34.41. Innogy SE has a 52 week low of €30.12 and a 52 week high of €38.62. The company has a market cap of €19.62 billion and a P/E ratio of 14.66.
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About Innogy SE
Innogy SE is a Germany-based company, which is primarily involved in the utilities industry. The Company operates as a provider of electricity and natural gas. The Company’s operations are divided into three segments, namely Renewables, Grid and Infrastructure and Retail. The Company operates plants for electricity generation and production from renewable energy sources.
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