innogy (ETR:IGY) has been given a €39.00 ($46.43) target price by analysts at Deutsche Bank in a research report issued to clients and investors on Wednesday. The brokerage currently has a “neutral” rating on the stock. Deutsche Bank’s target price indicates a potential downside of 0.99% from the stock’s previous close.

Several other analysts also recently commented on IGY. Kepler Capital Markets set a €35.00 ($41.67) price objective on innogy and gave the stock a “neutral” rating in a research note on Friday, August 11th. Barclays set a €33.00 ($39.29) price objective on innogy and gave the stock a “sell” rating in a research note on Monday, August 14th. Independent Research set a €37.00 ($44.05) price objective on innogy and gave the stock a “neutral” rating in a research note on Monday, August 14th. Commerzbank set a €36.50 ($43.45) price objective on innogy and gave the stock a “neutral” rating in a research note on Monday, August 14th. Finally, Bank of America set a €41.80 ($49.76) price objective on innogy and gave the stock a “buy” rating in a research note on Wednesday, November 29th. Four investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating and three have assigned a buy rating to the stock. innogy currently has an average rating of “Hold” and a consensus price target of €37.69 ($44.87).

Shares of innogy (ETR:IGY) opened at €39.39 ($46.89) on Wednesday. innogy has a 52 week low of €30.55 ($36.37) and a 52 week high of €42.68 ($50.81).

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innogy 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 (ETR:IGY)

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