Innogy SE (IGY) Given a €34.70 Price Target at Citigroup Inc.
Innogy SE (ETR:IGY) received a €34.70 ($40.82) price objective from Citigroup Inc. in a research note issued to investors on Wednesday. The brokerage presently has a “neutral” rating on the stock.
Several other brokerages have also issued reports on IGY. UBS AG set a €36.00 ($42.35) target price on Innogy SE and gave the company a “neutral” rating in a research report on Friday, July 7th. Societe Generale set a €36.70 ($43.18) price objective on Innogy SE and gave the company a “neutral” rating in a report on Friday, September 15th. Deutsche Bank AG set a €40.00 ($47.06) price objective on Innogy SE and gave the company a “buy” rating in a report on Thursday, October 5th. Sanford C. Bernstein set a €37.50 ($44.12) price objective on Innogy SE and gave the company a “neutral” rating in a report on Thursday, September 7th. Finally, Goldman Sachs Group, Inc. (The) set a €41.50 ($48.82) price objective on Innogy SE and gave the company a “buy” rating in a report on Friday, July 7th. Three research analysts have rated the stock with a sell rating, fifteen have given a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of €36.92 ($43.44).
Innogy SE (ETR:IGY) traded up 0.41% during midday trading on Wednesday, reaching €40.10. The company had a trading volume of 1,139 shares. Innogy SE has a 1-year low of €30.12 and a 1-year high of €40.58. The firm has a 50-day moving average of €38.21 and a 200 day moving average of €36.40. The company has a market capitalization of €22.48 billion and a P/E ratio of 17.35.
TRADEMARK VIOLATION WARNING: “Innogy SE (IGY) Given a €34.70 Price Target at Citigroup Inc.” was first published by American Banking News and is the property of of American Banking News. If you are accessing this article on another site, it was copied illegally and republished in violation of U.S. and international trademark and copyright law. The correct version of this article can be viewed at https://www.americanbankingnews.com/2017/11/01/innogy-se-igy-given-a-34-70-price-target-at-citigroup-inc.html.
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.
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.