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.

WARNING: “Innogy SE (IGY) Given a €42.00 Price Target by Goldman Sachs Group, Inc. (The) Analysts” was reported by American Banking News and is owned by of American Banking News. If you are viewing this news story on another publication, it was stolen and republished in violation of United States and international trademark and copyright legislation. The correct version of this news story can be viewed at https://www.americanbankingnews.com/2017/09/08/innogy-se-igy-given-a-42-00-price-target-by-goldman-sachs-group-inc-the-analysts.html.

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.

Analyst Recommendations for Innogy SE (ETR:IGY)

Receive News & Ratings for Innogy SE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Innogy SE and related companies with MarketBeat.com's FREE daily email newsletter.