Innogy SE (IGY) Given a €42.00 Price Target by Goldman Sachs Group, Inc. (The) Analysts
Innogy SE (ETR:IGY) has been given a €42.00 ($50.00) price objective by Goldman Sachs Group, Inc. (The) in a research report issued on Friday. The brokerage currently has a “buy” rating on the stock.
Several other equities research analysts have also issued reports on IGY. UBS AG set a €34.00 ($40.48) target price on shares of Innogy SE and gave the stock a “neutral” rating in a report on Monday, May 29th. Kepler Capital Markets set a €35.00 ($41.67) target price on shares of Innogy SE and gave the stock a “neutral” rating in a report on Friday, August 11th. Barclays PLC set a €33.00 ($39.29) target price on shares of Innogy SE and gave the stock a “sell” rating in a report on Monday, August 14th. Deutsche Bank AG set a €40.00 ($47.62) target price on shares of Innogy SE and gave the stock a “buy” rating in a report on Thursday. Finally, Morgan Stanley set a €32.00 ($38.10) price target on shares of Innogy SE and gave the stock a “sell” rating in a research note on Monday, May 15th. Three equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and five have given a buy rating to the company. Innogy SE currently has an average rating of “Hold” and an average target price of €36.75 ($43.76).
Shares of Innogy SE (IGY) traded down 0.040% during trading on Friday, hitting €37.784. 880 shares of the company traded hands. The company has a 50 day moving average price of €36.74 and a 200 day moving average price of €35.51. The company has a market capitalization of €21.18 billion and a price-to-earnings ratio of 16.350. Innogy SE has a 52 week low of €30.13 and a 52 week high of €38.62.
About Innogy SE
innogy SE operates as an energy company in Europe. It primarily operates through three segments: Grid & Infrastructure, Renewables, and Retail. The Grid & Infrastructure segment operates electricity and gas distribution grids in Germany and Eastern Europe with a length of approximately 574,000 kilometers serving approximately 16 million power and 7 million gas customers.
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