Innogy (ETR:IGY) has been given a €35.00 ($40.70) target price by research analysts at Kepler Capital Markets in a note issued to investors on Wednesday. The firm currently has a “sell” rating on the stock. Kepler Capital Markets’ target price points to a potential downside of 13.28% from the company’s current price.

Several other equities analysts have also recently weighed in on the company. UBS Group set a €36.76 ($42.74) price target on Innogy and gave the company a “neutral” rating in a research report on Tuesday, November 13th. Jefferies Financial Group set a €36.80 ($42.79) price target on Innogy and gave the company a “neutral” rating in a research report on Tuesday, November 13th. Royal Bank of Canada set a €38.00 ($44.19) price target on Innogy and gave the company a “neutral” rating in a research report on Tuesday, November 13th. Barclays set a €37.00 ($43.02) price target on Innogy and gave the company a “sell” rating in a research report on Monday, January 28th. Finally, Independent Research set a €38.40 ($44.65) price target on Innogy and gave the company a “sell” rating in a research report on Thursday, November 15th. Six research analysts have rated the stock with a sell rating and twelve have given a hold rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of €37.18 ($43.23).

Shares of ETR IGY opened at €40.36 ($46.93) on Wednesday. Innogy has a fifty-two week low of €29.11 ($33.85) and a fifty-two week high of €42.68 ($49.63).

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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