Societe Generale set a €32.70 ($34.42) price objective on Innogy SE (ETR:IGY) in a research report report published on Tuesday. The brokerage currently has a neutral rating on the stock.

Other analysts have also recently issued research reports about the stock. Berenberg Bank set a €37.00 ($38.95) price target on shares of Innogy SE and gave the company a buy rating in a research note on Wednesday, November 16th. Deutsche Bank AG set a €37.00 ($38.95) price target on shares of Innogy SE and gave the company a buy rating in a research note on Wednesday, November 16th. Macquarie set a €41.00 ($43.16) price target on shares of Innogy SE and gave the company a buy rating in a research note on Friday, October 7th. HSBC set a €33.00 ($34.74) target price on shares of Innogy SE and gave the stock a neutral rating in a research note on Thursday, November 17th. Finally, Credit Suisse Group AG set a €31.20 ($32.84) target price on shares of Innogy SE and gave the stock a neutral rating in a research note on Wednesday, November 16th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of Hold and a consensus price target of €34.78 ($36.61).

Shares of Innogy SE (ETR:IGY) opened at 33.679 on Tuesday. Innogy SE has a 1-year low of €30.13 and a 1-year high of €38.62. The company has a 50-day moving average of €34.92 and a 200-day moving average of €34.92. The company has a market cap of €16.84 billion and a PE ratio of 14.235.

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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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