innogy (ETR:IGY) received a €34.00 ($40.48) price objective from equities researchers at Oddo Bhf in a note issued to investors on Thursday. The brokerage currently has a “neutral” rating on the stock. Oddo Bhf’s target price indicates a potential upside of 5.89% from the company’s current price.

A number of other analysts also recently commented on IGY. Independent Research set a €36.00 ($42.86) price target on shares of innogy and gave the stock a “neutral” rating in a research report on Wednesday. J P Morgan Chase & Co set a €33.00 ($39.29) price target on shares of innogy and gave the stock a “neutral” rating in a research report on Thursday. UBS set a €38.10 ($45.36) price target on shares of innogy and gave the stock a “neutral” rating in a research report on Thursday, December 14th. Commerzbank set a €31.80 ($37.86) price target on shares of innogy and gave the stock a “neutral” rating in a research report on Friday, December 15th. Finally, Warburg Research restated a “neutral” rating on shares of innogy in a research report on Wednesday. Three equities research analysts have rated the stock with a sell rating, eighteen have given a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of €36.05 ($42.92).

innogy (IGY) opened at €32.11 ($38.23) on Thursday. innogy has a one year low of €30.82 ($36.69) and a one year high of €42.68 ($50.81).

ILLEGAL ACTIVITY NOTICE: This piece of content was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece of content on another website, it was illegally copied and republished in violation of US and international copyright & trademark laws. The correct version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/12/21/innogy-igy-given-a-34-00-price-target-at-oddo-bhf.html.

innogy 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.

Analyst Recommendations for innogy (ETR:IGY)

Receive News & Ratings for innogy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for innogy and related companies with MarketBeat.com's FREE daily email newsletter.