Morgan Stanley set a €32.00 ($37.65) target price on Innogy SE (ETR:IGY) in a research note released on Tuesday, July 18th. The brokerage currently has a sell rating on the stock.

Several other analysts also recently commented on the stock. Deutsche Bank AG set a €40.00 ($47.06) price objective on shares of Innogy SE and gave the stock a buy rating in a research report on Friday, July 7th. UBS AG set a €36.00 ($42.35) price objective on shares of Innogy SE and gave the stock a neutral rating in a research report on Friday, July 7th. Goldman Sachs Group, Inc. (The) set a €41.50 ($48.82) price target on shares of Innogy SE and gave the company a buy rating in a research report on Friday, July 7th. BNP Paribas set a €37.70 ($44.35) price target on shares of Innogy SE and gave the company a neutral rating in a research report on Thursday, June 29th. Finally, Berenberg Bank set a €37.00 ($43.53) price target on shares of Innogy SE and gave the company a buy rating in a research report on Thursday, June 22nd. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and five have assigned a buy rating to the company’s stock. Innogy SE has a consensus rating of Hold and a consensus target price of €36.18 ($42.56).

Innogy SE (IGY) opened at 36.663 on Tuesday. The company has a market cap of €20.37 billion and a price-to-earnings ratio of 15.213. The firm has a 50-day moving average of €35.73 and a 200-day moving average of €34.83. Innogy SE has a 52 week low of €30.13 and a 52 week high of €38.62.

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Innogy SE Company Profile

innogy SE operates as an energy company in Europe. It operates through three segments: Grid & Infrastructure, Retail, and Renewables. The Grid & Infrastructure segment operates electricity and gas distribution grids in Germany and Eastern Europe with a total length of approximately 570,000 km serving approximately 16.5 million grid customers.

Analyst Recommendations for Innogy SE (ETR:IGY)

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