Innogy SE (ETR:IGY) has been assigned a €39.00 ($43.33) target price by equities researchers at HSBC in a research note issued to investors on Monday. The brokerage currently has a a “neutral” rating on the stock.

Other equities research analysts have also recently issued reports about the stock. Commerzbank AG set a €34.50 ($38.33) price target on shares of Innogy SE and gave the company a “neutral” rating in a report on Monday. Macquarie set a €41.00 ($45.56) target price on shares of Innogy SE and gave the company a “buy” rating in a research note on Friday.

Innogy SE (ETR:IGY) opened at 35.742 on Monday. The firm has a market capitalization of €17.87 billion and a P/E ratio of 12.165. The stock’s 50 day moving average price is €0.00 and its 200 day moving average price is €0.00. Innogy SE has a 12 month low of €35.74 and a 12 month high of €36.34.

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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