Oddo Securities set a €35.00 ($39.33) target price on Innogy SE (ETR:IGY) in a research note issued to investors on Monday, May 15th. The firm currently has a neutral rating on the stock.

A number of other research analysts have also recently commented on IGY. Commerzbank Ag set a €36.50 ($41.01) target price on shares of Innogy SE and gave the company a neutral rating in a research report on Monday, May 15th. Independent Research GmbH set a €35.00 ($39.33) target price on shares of Innogy SE and gave the company a neutral rating in a research report on Monday, May 15th. Deutsche Bank AG set a €37.00 ($41.57) price target on shares of Innogy SE and gave the stock a buy rating in a research report on Monday, May 15th. Royal Bank of Canada set a €36.50 ($41.01) price target on shares of Innogy SE and gave the stock a neutral rating in a research report on Monday, May 15th. Finally, Barclays PLC set a €33.00 ($37.08) target price on shares of Innogy SE and gave the stock a neutral rating in a research note on Friday, May 12th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have assigned a buy rating to the stock. Innogy SE has a consensus rating of Hold and an average price target of €35.82 ($40.24).

Innogy SE (ETR IGY) traded up 1.334% during midday trading on Monday, hitting €36.004. 420 shares of the stock traded hands. The stock has a 50-day moving average of €35.02 and a 200 day moving average of €33.82. The firm has a market cap of €20.00 billion and a PE ratio of 14.939. Innogy SE has a 52-week low of €30.13 and a 52-week high of €38.62.

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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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