Royal Bank Of Canada Reiterates “€37.50” Price Target for Innogy SE (IGY)
Other analysts also recently issued reports about the stock. UBS AG set a €34.00 ($40.48) price objective on shares of Innogy SE and gave the stock a neutral rating in a report on Saturday, May 20th. Oddo Securities set a €35.00 ($41.67) price objective on shares of Innogy SE and gave the stock a neutral rating in a report on Monday, May 15th. Barclays PLC set a €33.00 ($39.29) price objective on shares of Innogy SE and gave the stock a neutral rating in a report on Saturday, May 20th. Deutsche Bank AG set a €40.00 ($47.62) price objective on shares of Innogy SE and gave the stock a buy rating in a report on Friday, June 23rd. Finally, Goldman Sachs Group, Inc. (The) set a €41.50 ($49.40) price objective on shares of Innogy SE and gave the stock a buy rating in a report on Thursday, July 20th. Three equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of Hold and an average target price of €36.75 ($43.76).
Shares of Innogy SE (ETR:IGY) opened at 37.784 on Tuesday. Innogy SE has a 1-year low of €30.13 and a 1-year high of €38.62. The stock has a market cap of €21.18 billion and a P/E ratio of 16.350. The company’s 50-day moving average is €36.74 and its 200 day moving average is €35.51.
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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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