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.

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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.

Analyst Recommendations for Innogy SE (ETR:IGY)

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