Innogy SE (IGY) Given a €39.50 Price Target at Societe Generale
Innogy SE (ETR:IGY) has been assigned a €39.50 ($43.89) target price by stock analysts at Societe Generale in a research note issued on Friday. The firm presently has a a “neutral” rating on the stock.
IGY has been the topic of several other research reports. Macquarie set a €41.00 ($45.56) target price on Innogy SE and gave the stock a “buy” rating in a research report on Friday, October 7th. Kepler Capital Markets set a €34.00 ($37.78) target price on Innogy SE and gave the stock a “sell” rating in a research report on Monday. Commerzbank AG set a €34.50 ($38.33) target price on Innogy SE and gave the stock a “neutral” rating in a research report on Monday. Finally, HSBC set a €39.00 ($43.33) target price on Innogy SE and gave the stock a “neutral” rating in a research report on Monday. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of €37.60 ($41.78).
Innogy SE (ETR:IGY) opened at 37.543 on Friday. The firm has a market capitalization of €18.77 billion and a P/E ratio of 12.778. Innogy SE has a 52 week low of €36.75 and a 52 week high of €37.91. The stock’s 50 day moving average price is €37.10 and its 200 day moving average price is €37.10.
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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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