Kepler Capital Markets Reiterates “€34.00” Price Target for Innogy SE (IGY)
Innogy SE (ETR:IGY) received a €34.00 ($37.78) target price from stock analysts at Kepler Capital Markets in a research note issued to investors on Monday. The firm currently has a a “sell” rating on the stock.
Several other equities analysts have also recently weighed in on IGY. Commerzbank AG set a €34.50 ($38.33) price objective on Innogy SE and gave the company a “neutral” rating in a report on Monday. HSBC set a €39.00 ($43.33) price objective on Innogy SE and gave the company a “neutral” rating in a report on Monday. Finally, Macquarie set a €41.00 ($45.56) price objective on Innogy SE and gave the company a “buy” rating in a report on Friday.
Innogy SE (ETR:IGY) traded up 99.06% during trading on Monday, reaching €35.75. The company’s stock had a trading volume of 14,822 shares. The stock has a market cap of €17.87 billion and a price-to-earnings ratio of 12.17. The firm has a 50 day moving average price of €0.00 and a 200-day moving average price of €0.00. Innogy SE has a 52-week low of €35.50 and a 52-week high of €36.33.
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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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