Commerzbank AG Analysts Give Innogy SE (IGY) a €34.50 Price Target
Innogy SE (ETR:IGY) received a €34.50 ($38.33) target price from investment analysts at Commerzbank AG in a research note issued to investors on Monday. The brokerage currently has a a “neutral” rating on the stock.
Separately, Macquarie set a €41.00 ($45.56) price objective on shares of Innogy SE and gave the company a “buy” rating in a report on Friday.
Shares of Innogy SE (ETR:IGY) opened at 35.847 on Monday. Innogy SE has a 52 week low of €35.78 and a 52 week high of €36.34. The stock’s 50 day moving average is €0.00 and its 200 day moving average is €0.00. The stock has a market capitalization of €17.92 billion and a PE ratio of 12.201.
Innogy SE Company Profile
Innogy SE is a Germany-based company, which is primarily involved in the utilities industry. The Company operates as a provider of electricity and natural gas. The Company’s operations are divided into three segments, namely Renewables, Grid and Infrastructure and Retail. The Company operates plants for electricity generation and production from renewable energy sources.
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