Morgan Stanley Analysts Give Innogy SE (ETR:IGY) a €32.00 Price Target
Innogy SE (ETR:IGY) received a €32.00 ($37.21) price target from Morgan Stanley in a report released on Monday. The firm presently has a “sell” rating on the stock.
Several other equities analysts have also recently issued reports on IGY. UBS AG set a €34.00 ($39.53) price objective on Innogy SE and gave the stock a “neutral” rating in a research note on Tuesday, March 28th. BNP Paribas set a €37.70 ($43.84) target price on Innogy SE and gave the stock a “neutral” rating in a report on Friday. Barclays PLC set a €33.00 ($38.37) target price on Innogy SE and gave the stock a “neutral” rating in a report on Monday, May 29th. Royal Bank Of Canada set a €36.50 ($42.44) target price on Innogy SE and gave the stock a “neutral” rating in a report on Monday, May 29th. Finally, Independent Research GmbH set a €35.00 ($40.70) target price on Innogy SE and gave the stock a “neutral” rating in a report on Monday, May 29th. Two investment analysts have rated the stock with a sell rating, twelve have given 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 price target of €36.26 ($42.16).
Innogy SE (IGY) traded up 0.337% during mid-day trading on Monday, reaching €35.439. 810 shares of the company traded hands. The firm’s 50-day moving average is €35.78 and its 200 day moving average is €34.41. Innogy SE has a 52-week low of €30.13 and a 52-week high of €38.62. The stock has a market capitalization of €19.69 billion and a PE ratio of 14.705.
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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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