UBS Group Analysts Give Innogy (IGY) a €35.00 Price Target
UBS Group set a €35.00 ($41.67) price objective on Innogy (ETR:IGY) in a research note released on Tuesday, www.boersen-zeitung.de reports. The firm currently has a neutral rating on the stock.
Several other brokerages also recently issued reports on IGY. Deutsche Bank set a €40.00 ($47.62) price target on shares of Innogy and gave the stock a buy rating in a research report on Wednesday, November 8th. Barclays set a €34.00 ($40.48) price target on shares of Innogy and gave the stock a sell rating in a research report on Wednesday, November 8th. JPMorgan Chase & Co. set a €38.00 ($45.24) price target on shares of Innogy and gave the stock a neutral rating in a research report on Wednesday, November 8th. Citigroup reiterated a neutral rating on shares of Innogy in a research report on Friday, November 10th. Finally, Commerzbank set a €36.50 ($43.45) price target on shares of Innogy and gave the stock a neutral rating in a research report on Monday, November 13th. Three research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of €35.56 ($42.33).
Innogy (ETR:IGY) opened at €33.29 ($39.63) on Tuesday. The stock has a market cap of $18,490.00 and a PE ratio of 16.00. Innogy has a 52-week low of €30.82 ($36.69) and a 52-week high of €42.68 ($50.81).
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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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