Innogy SE (IGY) Given a €37.50 Price Target by Sanford C. Bernstein Analysts
Innogy SE (ETR:IGY) has been given a €37.50 ($44.64) price target by equities research analysts at Sanford C. Bernstein in a report issued on Thursday. The firm currently has a “neutral” rating on the stock.
IGY has been the subject of several other research reports. Goldman Sachs Group, Inc. (The) set a €36.00 ($42.86) price target on Innogy SE and gave the company a “neutral” rating in a report on Thursday, May 25th. Citigroup Inc. set a €34.70 ($41.31) price target on Innogy SE and gave the company a “neutral” rating in a report on Wednesday, August 2nd. Deutsche Bank AG set a €37.00 ($44.05) price target on Innogy SE and gave the company a “buy” rating in a report on Monday, May 29th. Commerzbank Ag set a €36.50 ($43.45) price target on Innogy SE and gave the company a “neutral” rating in a report on Monday, August 14th. Finally, Barclays PLC set a €34.00 ($40.48) price target on Innogy SE and gave the company a “sell” rating in a report on Tuesday, August 29th. Three research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have issued a buy rating to the company’s stock. Innogy SE presently has a consensus rating of “Hold” and a consensus target price of €36.69 ($43.67).
Shares of Innogy SE (IGY) traded up 1.501% on Thursday, hitting €37.523. The stock had a trading volume of 971 shares. The firm has a market cap of €21.04 billion and a P/E ratio of 16.237. Innogy SE has a 12-month low of €30.13 and a 12-month high of €38.62. The company’s 50-day moving average price is €36.63 and its 200 day moving average price is €35.48.
Innogy SE Company Profile
innogy SE operates as an energy company in Europe. It primarily operates through three segments: Grid & Infrastructure, Renewables, and Retail. The Grid & Infrastructure segment operates electricity and gas distribution grids in Germany and Eastern Europe with a length of approximately 574,000 kilometers serving approximately 16 million power and 7 million gas customers.
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