Shares of Innogy SE (ETR:IGY) have been assigned an average recommendation of “Hold” from the eighteen brokerages that are currently covering the firm, MarketBeat Ratings reports. 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. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is €35.98 ($40.43).

IGY has been the subject of several research analyst reports. Morgan Stanley set a €32.00 ($35.96) price target on shares of Innogy SE and gave the company a “sell” rating in a research note on Monday, May 15th. Deutsche Bank AG set a €37.00 ($41.57) price target on shares of Innogy SE and gave the company a “buy” rating in a research note on Monday, May 29th. Royal Bank Of Canada set a €36.50 ($41.01) price target on shares of Innogy SE and gave the company a “neutral” rating in a research note on Monday, May 8th. Societe Generale set a €37.10 ($41.69) price target on shares of Innogy SE and gave the company a “neutral” rating in a research note on Thursday, March 23rd. Finally, Barclays PLC set a €33.00 ($37.08) price target on shares of Innogy SE and gave the company a “neutral” rating in a research note on Friday, May 12th.

Innogy SE (IGY) traded down 1.45% during trading on Tuesday, reaching €35.41. The company’s stock had a trading volume of 1,090 shares. The company has a market cap of €19.67 billion and a P/E ratio of 14.69. Innogy SE has a 12 month low of €30.12 and a 12 month high of €38.62. The stock’s 50-day moving average is €35.24 and its 200 day moving average 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.

Analyst Recommendations for Innogy SE (ETR:IGY)

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