Innogy SE (ETR:IGY) has been given a €36.50 ($42.94) price target by equities research analysts at Commerzbank Ag in a report issued on Monday. The brokerage presently has a “neutral” rating on the stock.
IGY has been the topic of several other research reports. Goldman Sachs Group, Inc. (The) set a €36.00 ($42.35) price objective on Innogy SE and gave the stock a “neutral” rating in a report on Thursday, May 25th. Deutsche Bank AG set a €37.00 ($43.53) price objective on Innogy SE and gave the stock a “buy” rating in a report on Friday, April 21st. HSBC Holdings plc set a €31.00 ($36.47) target price on Innogy SE and gave the company a “sell” rating in a report on Wednesday, April 26th. Citigroup Inc. set a €34.70 ($40.82) target price on Innogy SE and gave the company a “neutral” rating in a report on Wednesday, August 2nd. Finally, Morgan Stanley set a €32.00 ($37.65) target price on Innogy SE and gave the company a “sell” rating in a report on Monday, May 8th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of €36.18 ($42.56).
Shares of Innogy SE (ETR IGY) opened at 36.565 on Monday. The firm’s 50 day moving average is €35.70 and its 200 day moving average is €34.91. Innogy SE has a 1-year low of €30.13 and a 1-year high of €38.62. The firm has a market capitalization of €20.31 billion and a PE ratio of 15.172.
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About Innogy SE
innogy SE operates as an energy company in Europe. It operates through three segments: Grid & Infrastructure, Retail, and Renewables. The Grid & Infrastructure segment operates electricity and gas distribution grids in Germany and Eastern Europe with a total length of approximately 570,000 km serving approximately 16.5 million grid customers.
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