Deutsche Bank AG Analysts Give Innogy SE (IGY) a €40.00 Price Target
Innogy SE (ETR:IGY) received a €40.00 ($47.62) target price from stock analysts at Deutsche Bank AG in a research report issued to clients and investors on Thursday. The firm currently has a “buy” rating on the stock.
Other analysts have also recently issued reports about the company. UBS AG set a €34.00 ($40.48) price target on Innogy SE and gave the stock a “neutral” rating in a research report on Monday, May 29th. Barclays PLC set a €33.00 ($39.29) price target on Innogy SE and gave the stock a “neutral” rating in a research report on Saturday, May 20th. Oddo Securities set a €35.00 ($41.67) price target on Innogy SE and gave the stock a “neutral” rating in a research report on Monday, May 15th. Goldman Sachs Group, Inc. (The) set a €41.50 ($49.40) price target on Innogy SE and gave the stock a “buy” rating in a research report on Thursday, July 20th. Finally, Morgan Stanley set a €32.00 ($38.10) price target on Innogy SE and gave the stock a “sell” rating in a research report on Monday, July 24th. Three equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of €36.75 ($43.76).
Innogy SE (ETR IGY) traded down 0.040% on Thursday, hitting €37.784. The stock had a trading volume of 880 shares. The company has a 50-day moving average of €36.74 and a 200 day moving average of €35.51. The company has a market cap of €21.18 billion and a PE ratio of 16.350. Innogy SE has a 12 month low of €30.13 and a 12 month high of €38.62.
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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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