Independent Research GmbH set a €43.00 ($50.00) target price on Innogy SE (ETR:IGY) in a report released on Monday morning. The firm currently has a neutral rating on the stock.

Several other research firms also recently issued reports on IGY. Societe Generale set a €36.70 ($42.67) price objective on shares of Innogy SE and gave the company a neutral rating in a report on Friday, September 15th. Citigroup Inc. restated a neutral rating on shares of Innogy SE in a report on Friday, November 10th. Deutsche Bank AG set a €40.00 ($46.51) price objective on shares of Innogy SE and gave the company a buy rating in a report on Thursday, October 5th. Sanford C. Bernstein set a €37.50 ($43.60) price objective on shares of Innogy SE and gave the company a neutral rating in a report on Thursday, September 7th. Finally, Bank of America Corporation set a €38.20 ($44.42) price objective on shares of Innogy SE and gave the company a buy rating in a report on Friday, September 8th. Four analysts have rated the stock with a sell rating, fifteen have given a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of Hold and an average target price of €37.39 ($43.47).

Innogy SE (IGY) opened at €39.02 ($45.37) on Monday. Innogy SE has a fifty-two week low of €30.55 ($35.52) and a fifty-two week high of €42.68 ($49.63).

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About Innogy SE

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 SE (ETR:IGY)

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