Innogy SE (IGY) Given a €35.00 Price Target by Oddo Bhf Analysts
Innogy SE (ETR:IGY) has been assigned a €35.00 ($41.18) target price by analysts at Oddo Bhf in a research report issued to clients and investors on Monday. The firm currently has a “neutral” rating on the stock.
Several other research analysts have also recently issued reports on IGY. Royal Bank Of Canada set a €37.50 ($44.12) target price on Innogy SE and gave the company a “sell” rating in a research report on Wednesday, August 23rd. Goldman Sachs Group, Inc. (The) set a €42.00 ($49.41) price objective on Innogy SE and gave the stock a “buy” rating in a research report on Monday, August 21st. Morgan Stanley set a €32.50 ($38.24) target price on Innogy SE and gave the company a “sell” rating in a research note on Thursday, August 17th. Kepler Capital Markets set a €35.00 ($41.18) target price on Innogy SE and gave the company a “neutral” rating in a research note on Thursday, August 17th. Finally, Warburg Research set a €42.00 ($49.41) target price on Innogy SE and gave the company a “buy” rating in a research note on Wednesday, August 16th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of €36.57 ($43.03).
Innogy SE (ETR IGY) opened at 37.17 on Monday. The company’s 50-day moving average is €36.39 and its 200 day moving average is €35.28. The company has a market cap of €20.84 billion and a price-to-earnings ratio of 16.08. Innogy SE has a 12 month low of €30.12 and a 12 month high of €38.62.
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About Innogy SE
innogy SE operates as an energy company in Europe. It operates through three segments: Grid & Infrastructure, Retail, and Renewables. The Grid & Infrastructure segment operates electricity and gas distribution grids in Germany and Eastern Europe with a total length of approximately 570,000 km serving approximately 16.5 million grid customers.
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