Innogy SE (IGY) Given a €40.00 Price Target by Deutsche Bank AG Analysts
Innogy SE (ETR:IGY) has been given a €40.00 ($47.06) price target by research analysts at Deutsche Bank AG in a report issued on Thursday. The brokerage currently has a “buy” rating on the stock.
Several other analysts also recently commented on IGY. Kepler Capital Markets set a €35.00 ($41.18) target price on shares of Innogy SE and gave the stock a “neutral” rating in a research report on Friday, August 11th. Barclays PLC set a €33.00 ($38.82) target price on shares of Innogy SE and gave the stock a “sell” rating in a research report on Monday, August 14th. Independent Research GmbH set a €37.00 ($43.53) target price on shares of Innogy SE and gave the stock a “neutral” rating in a research report on Monday, August 14th. Commerzbank Ag set a €36.50 ($42.94) target price on shares of Innogy SE and gave the stock a “neutral” rating in a research report on Monday, August 14th. Finally, Warburg Research set a €42.00 ($49.41) target price on shares of Innogy SE and gave the stock a “buy” rating in a research report on Wednesday, August 16th. Three research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of €36.83 ($43.34).
Innogy SE (ETR IGY) opened at 37.633 on Thursday. Innogy SE has a 12-month low of €30.13 and a 12-month high of €38.62. The firm has a market cap of €21.10 billion and a price-to-earnings ratio of 16.284. The company’s 50 day moving average is €37.29 and its 200 day moving average is €35.93.
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Innogy SE Company Profile
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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