innogy SE (ETR:IGY) has been assigned a €38.50 ($45.29) price target by Berenberg Bank in a note issued to investors on Thursday. The brokerage currently has a “neutral” rating on the stock. Berenberg Bank’s target price would suggest a potential downside of 1.28% from the stock’s current price.

IGY has been the subject of a number of other research reports. Goldman Sachs Group, Inc. (The) set a €42.00 ($49.41) price objective on shares of innogy SE and gave the company a “buy” rating in a research report on Monday, August 21st. Bank of America Corporation set a €38.20 ($44.94) price objective on shares of innogy SE and gave the company a “buy” rating in a research report on Friday, September 8th. Barclays PLC set a €34.00 ($40.00) price objective on shares of innogy SE and gave the company a “sell” rating in a research report on Wednesday, November 8th. Citigroup Inc. set a €34.70 ($40.82) price objective on shares of innogy SE and gave the company a “neutral” rating in a research report on Wednesday, August 2nd. Finally, Kepler Capital Markets set a €35.00 ($41.18) price objective on shares of innogy SE and gave the company a “neutral” rating in a research report on Tuesday, September 19th. Four analysts have rated the stock with a sell rating, fifteen have given a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of €37.58 ($44.21).

Shares of innogy SE (ETR IGY) opened at €39.00 ($45.88) on Thursday. innogy SE has a 52 week low of €30.55 ($35.94) and a 52 week high of €42.68 ($50.21).

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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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