Innogy SE (IGY) PT Set at €41.50 by Goldman Sachs Group, Inc. (The)
Innogy SE (ETR:IGY) has been given a €41.50 ($47.16) target price by equities researchers at Goldman Sachs Group, Inc. (The) in a note issued to investors on Friday. The firm currently has a “buy” rating on the stock.
Other research analysts have also issued reports about the stock. BNP Paribas set a €37.70 ($42.84) price objective on shares of Innogy SE and gave the stock a “neutral” rating in a research note on Thursday, June 29th. Deutsche Bank AG set a €40.00 ($45.45) target price on shares of Innogy SE and gave the stock a “buy” rating in a report on Friday, June 23rd. Berenberg Bank set a €37.00 ($42.05) target price on shares of Innogy SE and gave the stock a “buy” rating in a report on Thursday, June 22nd. Morgan Stanley set a €32.00 ($36.36) target price on shares of Innogy SE and gave the stock a “sell” rating in a report on Monday, June 19th. Finally, Macquarie set a €40.00 ($45.45) target price on shares of Innogy SE and gave the stock a “buy” rating in a report on Friday, June 16th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of €36.26 ($41.20).
Innogy SE (ETR:IGY) traded up 3.404% during mid-day trading on Friday, reaching €35.333. 837 shares of the company’s stock were exchanged. Innogy SE has a 12 month low of €30.13 and a 12 month high of €38.62. The firm has a market cap of €19.63 billion and a price-to-earnings ratio of 14.661. The stock has a 50-day moving average of €35.52 and a 200-day moving average of €34.07.
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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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