Innogy SE (IGY) Given a €42.00 Price Target at Warburg Research
Innogy SE (ETR:IGY) received a €42.00 ($49.41) price objective from Warburg Research in a research note issued on Wednesday. The firm presently has a “buy” rating on the stock.
Several other equities analysts have also recently weighed in on the stock. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and issued a price objective on shares of Innogy SE in a research note on Wednesday, May 3rd. Oddo Securities set a €35.00 ($41.18) price objective on shares of Innogy SE and gave the stock a “neutral” rating in a research note on Monday, May 15th. UBS AG set a €36.00 ($42.35) price objective on shares of Innogy SE and gave the stock a “neutral” rating in a research note on Friday, July 7th. Morgan Stanley set a €32.00 ($37.65) price objective on shares of Innogy SE and gave the stock a “sell” rating in a research note on Monday, May 8th. Finally, Deutsche Bank AG set a €40.00 ($47.06) price objective on shares of Innogy SE and gave the stock a “buy” rating in a research note on Friday, July 7th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have given a buy rating to the company. Innogy SE has an average rating of “Hold” and a consensus target price of €36.55 ($43.00).
Shares of Innogy SE (IGY) opened at 37.419 on Wednesday. The stock has a 50 day moving average of €35.78 and a 200 day moving average of €35.00. Innogy SE has a 52-week low of €30.13 and a 52-week high of €38.62. The company has a market cap of €20.79 billion and a price-to-earnings ratio of 15.527.
Innogy SE Company Profile
innogy SE operates as an energy company in Europe. It operates through three segments: Grid & Infrastructure, Retail, and Renewables. The Grid & Infrastructure segment operates electricity and gas distribution grids in Germany and Eastern Europe with a total length of approximately 570,000 km serving approximately 16.5 million grid customers.
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