Innogy SE (IGY) PT Set at €37.00 by Goldman Sachs Group Inc.
Innogy SE (ETR:IGY) has been given a €37.00 ($39.78) price target by research analysts at Goldman Sachs Group Inc. in a research report issued on Wednesday. The brokerage presently has a a “neutral” rating on the stock.
IGY has been the topic of several other research reports. Deutsche Bank AG set a €37.00 ($39.78) target price on Innogy SE and gave the company a “buy” rating in a research report on Wednesday. Kepler Capital Markets set a €34.00 ($36.56) target price on Innogy SE and gave the company a “sell” rating in a research report on Monday, October 10th. Commerzbank AG set a €34.50 ($37.10) target price on Innogy SE and gave the company a “neutral” rating in a research report on Monday, October 10th. Morgan Stanley set a €31.00 ($33.33) price objective on Innogy SE and gave the stock a “sell” rating in a research report on Tuesday, November 8th. Finally, Societe Generale set a €39.50 ($42.47) price objective on Innogy SE and gave the stock a “neutral” rating in a research report on Friday, October 14th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of €35.29 ($37.95).
Innogy SE (ETR:IGY) opened at 32.80 on Wednesday. The company has a 50 day moving average price of €35.50 and a 200-day moving average price of €35.50. The company has a market cap of €16.40 billion and a PE ratio of 11.16. Innogy SE has a 12 month low of €30.12 and a 12 month high of €38.62.
About Innogy SE
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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