Innogy SE (ETR:IGY) has been given a €40.00 ($44.44) price target by Deutsche Bank AG in a research report issued to clients and investors on Friday. The firm presently has a “buy” rating on the stock.

A number of other equities analysts also recently weighed in on IGY. Barclays PLC set a €33.00 ($36.67) price target on shares of Innogy SE and gave the stock a “neutral” rating in a research note on Tuesday, March 7th. Royal Bank Of Canada set a €34.50 ($38.33) price target on shares of Innogy SE and gave the stock a “neutral” rating in a research note on Monday, March 13th. Commerzbank Ag set a €36.50 ($40.56) price target on shares of Innogy SE and gave the stock a “neutral” rating in a research note on Monday, March 13th. Independent Research GmbH set a €36.00 ($40.00) price target on shares of Innogy SE and gave the stock a “neutral” rating in a research note on Monday, March 13th. Finally, Kepler Capital Markets set a €34.00 ($37.78) price target on shares of Innogy SE and gave the stock a “neutral” rating in a research note on Monday, March 13th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company’s stock. Innogy SE currently has a consensus rating of “Hold” and a consensus target price of €35.98 ($39.98).

Analyst Recommendations for Innogy SE (ETR:IGY)

Shares of Innogy SE (ETR:IGY) opened at 36.735 on Friday. The firm has a market cap of €20.41 billion and a PE ratio of 15.243. Innogy SE has a 12-month low of €30.13 and a 12-month high of €38.62. The stock’s 50 day moving average price is €35.24 and its 200 day moving average price is €33.92.

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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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