Innogy SE (IGY) Given a €37.70 Price Target at BNP Paribas
Innogy SE (ETR:IGY) has been given a €37.70 ($44.88) price objective by equities researchers at BNP Paribas in a research report issued to clients and investors on Tuesday. The brokerage presently has a “neutral” rating on the stock.
A number of other research analysts have also weighed in on the stock. Goldman Sachs Group, Inc. (The) set a €41.50 ($49.40) price objective on shares of Innogy SE and gave the company a “buy” rating in a research note on Thursday, July 20th. UBS AG set a €36.00 ($42.86) price objective on shares of Innogy SE and gave the company a “neutral” rating in a research note on Friday, July 7th. Berenberg Bank set a €38.50 ($45.83) price objective on shares of Innogy SE and gave the company a “neutral” rating in a research note on Monday, September 4th. Deutsche Bank AG set a €40.00 ($47.62) price objective on shares of Innogy SE and gave the company a “buy” rating in a research note on Friday, July 7th. Finally, Morgan Stanley set a €32.00 ($38.10) price objective on shares of Innogy SE and gave the company a “sell” rating in a research note on Tuesday, July 18th. Three equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and five have assigned a buy rating to the company. Innogy SE currently has an average rating of “Hold” and an average price target of €36.79 ($43.80).
Shares of Innogy SE (ETR IGY) opened at 36.566 on Tuesday. Innogy SE has a 52 week low of €30.13 and a 52 week high of €38.62. The company has a 50 day moving average price of €37.06 and a 200 day moving average price of €35.67. The company has a market capitalization of €20.50 billion and a PE ratio of 15.823.
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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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