UBS Group set a €36.76 ($41.77) price target on Innogy (ETR:IGY) in a report published on Friday morning, www.boersen-zeitung.de reports. The brokerage currently has a neutral rating on the stock.

Several other research firms have also issued reports on IGY. Commerzbank set a €36.76 ($41.77) price target on shares of Innogy and gave the company a neutral rating in a research report on Monday, May 14th. Kepler Capital Markets set a €35.00 ($39.77) price target on shares of Innogy and gave the company a neutral rating in a research report on Monday, May 7th. JPMorgan Chase & Co. set a €36.76 ($41.77) price target on shares of Innogy and gave the company a neutral rating in a research report on Friday. Independent Research set a €38.40 ($43.64) price target on shares of Innogy and gave the company a neutral rating in a research report on Monday, April 30th. Finally, Morgan Stanley set a €32.00 ($36.36) price target on shares of Innogy and gave the company a sell rating in a research report on Tuesday, May 22nd. Four equities research analysts have rated the stock with a sell rating and nineteen have given a hold rating to the company’s stock. Innogy currently has an average rating of Hold and an average price target of €35.75 ($40.62).

ETR IGY opened at €37.57 ($42.69) on Friday. Innogy has a 12-month low of €29.11 ($33.08) and a 12-month high of €42.68 ($48.50).

Innogy Company Profile

innogy SE operates as an energy company in Europe. It operates through three divisions: Renewables, Grid & Infrastructure, and Retail. The Renewables division engages in the generation of electricity through onshore and offshore wind power, as well as hydroelectric power generation activities primarily in Germany, the United Kingdom, Spain, the Netherlands, Poland, and Italy.

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Analyst Recommendations for Innogy (ETR:IGY)

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