HSBC Analysts Give Innogy SE (IGY) a €39.00 Price Target
Innogy SE (ETR:IGY) has been assigned a €39.00 ($43.33) price objective by stock analysts at HSBC in a research note issued to investors on Monday. The brokerage presently has a a “neutral” rating on the stock.
A number of other research firms have also commented on IGY. Commerzbank AG set a €34.50 ($38.33) price target on Innogy SE and gave the stock a “neutral” rating in a report on Monday. Macquarie set a €41.00 ($45.56) price target on Innogy SE and gave the stock a “buy” rating in a report on Friday.
Shares of Innogy SE (ETR:IGY) traded up 99.06% during midday trading on Monday, reaching €35.75. The company had a trading volume of 14,822 shares. Innogy SE has a one year low of €35.50 and a one year high of €36.33. The company has a market capitalization of €17.87 billion and a PE ratio of 12.17. The company has a 50 day moving average of €0.00 and a 200 day moving average of €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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