Commerzbank AG Analysts Give Innogy SE (IGY) a €34.50 Price Target
Innogy SE (ETR:IGY) received a €34.50 ($38.33) price objective from equities researchers at Commerzbank AG in a research report issued on Monday. The firm presently has a a “neutral” rating on the stock.
Separately, Macquarie set a €41.00 ($45.56) price objective on Innogy SE and gave the stock a “buy” rating in a research report on Friday.
Shares of Innogy SE (ETR:IGY) traded up 99.06% on Monday, hitting €35.75. 14,822 shares of the stock traded hands. Innogy SE has a 12 month low of €35.50 and a 12 month high of €36.33. The company has a market cap of €17.87 billion and a PE ratio of 12.17. The firm’s 50 day moving average is €0.00 and its 200-day moving average is €0.00.
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Innogy SE Company Profile
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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