Innogy SE (IGY) Receives Average Rating of “Hold” from Analysts
Shares of Innogy SE (ETR:IGY) have earned a consensus rating of “Hold” from the twenty-four analysts that are currently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and three have given a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is €35.29 ($42.01).
A number of equities analysts have commented on the stock. Goldman Sachs Group set a €42.00 ($50.00) target price on shares of Innogy and gave the stock a “buy” rating in a research note on Thursday, September 21st. Kepler Capital Markets set a €35.00 ($41.67) target price on shares of Innogy and gave the stock a “neutral” rating in a research note on Tuesday, September 19th. Macquarie set a €42.00 ($50.00) target price on shares of Innogy and gave the stock a “buy” rating in a research note on Wednesday, November 15th. Oddo Bhf set a €34.00 ($40.48) target price on shares of Innogy and gave the stock a “neutral” rating in a research note on Thursday, December 21st. Finally, Morgan Stanley set a €32.50 ($38.69) price target on shares of Innogy and gave the company a “sell” rating in a research note on Monday, December 4th.
Innogy (ETR IGY) opened at €33.25 ($39.58) on Monday. Innogy has a 1-year low of €30.82 ($36.69) and a 1-year high of €42.68 ($50.81). The stock has a market capitalization of $18,410.00 and a PE ratio of 15.99.
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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