Morgan Stanley set a €32.00 ($37.65) price objective on Innogy SE (ETR:IGY) in a report issued on Tuesday, July 18th. The firm currently has a sell rating on the stock.
IGY has been the subject of a number of other research reports. Goldman Sachs Group, Inc. (The) set a €36.00 ($42.35) price objective on shares of Innogy SE and gave the company a neutral rating in a research report on Thursday, May 25th. Deutsche Bank AG set a €37.00 ($43.53) price target on shares of Innogy SE and gave the stock a buy rating in a research report on Friday, April 21st. HSBC Holdings plc set a €31.00 ($36.47) price target on shares of Innogy SE and gave the stock a sell rating in a research report on Wednesday, April 26th. Kepler Capital Markets set a €34.00 ($40.00) price target on shares of Innogy SE and gave the stock a neutral rating in a research report on Monday, March 20th. Finally, Jefferies Group LLC set a €34.00 ($40.00) price target on shares of Innogy SE and gave the stock a neutral rating in a research report on Monday, April 24th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of Hold and an average target price of €36.28 ($42.68).
Innogy SE (IGY) traded up 0.80% during trading on Tuesday, reaching €37.35. The company had a trading volume of 1,630 shares. The stock has a market cap of €20.75 billion and a P/E ratio of 15.50. Innogy SE has a 12-month low of €30.12 and a 12-month high of €38.62. The firm has a 50-day moving average price of €35.74 and a 200 day moving average price of €34.96.
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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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