Innogy SE (IGY) Given a €34.50 Price Target by Commerzbank AG Analysts
Innogy SE (ETR:IGY) received a €34.50 ($37.91) target price from equities research analysts at Commerzbank AG in a research note issued to investors on Friday. The firm presently has a a “neutral” rating on the stock.
Other equities analysts have also recently issued research reports about the stock. Macquarie set a €41.00 ($45.05) target price on shares of Innogy SE and gave the stock a “buy” rating in a research report on Friday, October 7th. HSBC set a €39.00 ($42.86) target price on shares of Innogy SE and gave the stock a “neutral” rating in a research report on Monday, October 10th. Societe Generale set a €39.50 ($43.41) target price on shares of Innogy SE and gave the stock a “neutral” rating in a research report on Friday, October 14th. Morgan Stanley set a €31.00 ($34.07) target price on shares of Innogy SE and gave the stock a “sell” rating in a research report on Tuesday. Finally, Kepler Capital Markets set a €34.00 ($37.36) price objective on shares of Innogy SE and gave the company a “sell” rating in a research report on Monday, October 10th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of €36.50 ($40.11).
Innogy SE (ETR:IGY) opened at 31.80 on Friday. The stock has a market cap of €15.90 billion and a PE ratio of 10.82. Innogy SE has a 52-week low of €30.12 and a 52-week high of €38.62. The company’s 50 day moving average is €36.36 and its 200-day moving average is €36.36.
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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