innogy (IGY) Given a €35.00 Price Target by Kepler Capital Markets Analysts
innogy (ETR:IGY) has been assigned a €35.00 ($41.67) price objective by research analysts at Kepler Capital Markets in a research note issued on Friday. The brokerage currently has a “neutral” rating on the stock. Kepler Capital Markets’ target price suggests a potential upside of 8.65% from the stock’s current price.
Several other research analysts have also recently issued reports on IGY. UBS set a €38.10 ($45.36) target price on shares of innogy and gave the stock a “neutral” rating in a report on Thursday. Goldman Sachs Group set a €37.00 ($44.05) price target on shares of innogy and gave the company a “neutral” rating in a report on Thursday. J P Morgan Chase & Co set a €39.50 ($47.02) price target on shares of innogy and gave the company a “neutral” rating in a report on Wednesday. Deutsche Bank set a €40.00 ($47.62) price objective on shares of innogy and gave the company a “buy” rating in a research report on Thursday, October 5th. Finally, Oddo Bhf set a €35.00 ($41.67) price objective on shares of innogy and gave the company a “neutral” rating in a research report on Monday, August 28th. Three research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and four have given a buy rating to the stock. innogy currently has a consensus rating of “Hold” and a consensus target price of €36.52 ($43.48).
Shares of innogy (IGY) traded up €0.02 ($0.02) during trading on Friday, reaching €32.22 ($38.35). 1,991,878 shares of the company’s stock traded hands, compared to its average volume of 483,092. innogy has a one year low of €30.55 ($36.37) and a one year high of €42.68 ($50.81).
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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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