Morgan Stanley set a €32.00 ($36.78) price objective on Innogy SE (ETR:IGY) in a research report released on Tuesday. The brokerage currently has a sell rating on the stock.

Several other research firms also recently weighed in on IGY. UBS AG set a €36.00 ($41.38) target price on Innogy SE and gave the company a neutral rating in a research report on Friday, July 7th. Deutsche Bank AG set a €37.00 ($42.53) target price on Innogy SE and gave the company a buy rating in a research report on Monday, May 29th. Royal Bank Of Canada set a €36.50 ($41.95) target price on Innogy SE and gave the company a neutral rating in a research report on Monday, May 8th. Societe Generale set a €37.10 ($42.64) target price on Innogy SE and gave the company a neutral rating in a research report on Thursday, March 23rd. Finally, Barclays PLC set a €33.00 ($37.93) target price on Innogy SE and gave the company a neutral rating in a research report on Friday, May 12th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have given a buy rating to the company. Innogy SE presently has an average rating of Hold and a consensus price target of €36.26 ($41.68).

Shares of Innogy SE (ETR:IGY) opened at 35.32 on Tuesday. Innogy SE has a one year low of €30.12 and a one year high of €38.62. The company’s 50-day moving average price is €35.78 and its 200-day moving average price is €34.41. The stock has a market cap of €19.62 billion and a PE ratio of 14.66.

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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.

Analyst Recommendations for Innogy SE (ETR:IGY)

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