Innogy SE (IGY) PT Set at €37.00 by Deutsche Bank AG
Innogy SE (ETR:IGY) received a €37.00 ($39.78) price objective from research analysts at Deutsche Bank AG in a research note issued to investors on Friday. The firm presently has a “buy” rating on the stock.
Several other research analysts have also weighed in on IGY. HSBC Holdings plc set a €33.00 ($35.48) price objective on shares of Innogy SE and gave the stock a “neutral” rating in a research note on Thursday, November 17th. Independent Research GmbH set a €36.00 ($38.71) price target on shares of Innogy SE and gave the company a “neutral” rating in a research note on Tuesday, November 22nd. Societe Generale set a €32.70 ($35.16) price target on shares of Innogy SE and gave the company a “neutral” rating in a research note on Tuesday, November 29th. Morgan Stanley set a €31.00 ($33.33) price target on shares of Innogy SE and gave the company a “sell” rating in a research note on Friday, December 2nd. Finally, Oddo Securities set a €34.00 ($36.56) price target on shares of Innogy SE and gave the company a “neutral” rating in a research note on Wednesday, December 7th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and six have issued a buy rating to the stock. Innogy SE currently has a consensus rating of “Hold” and an average price target of €35.14 ($37.79).
Innogy SE (ETR:IGY) opened at 34.665 on Friday. Innogy SE has a 52 week low of €30.13 and a 52 week high of €38.62. The stock’s 50 day moving average is €33.64 and its 200 day moving average is €33.34. The firm has a market cap of €17.33 billion and a price-to-earnings ratio of 14.651.
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About Innogy SE
Innogy SE is a Germany-based company, which is primarily involved in the utilities industry. The Company operates as a provider of electricity and natural gas. The Company’s operations are divided into three segments, namely Renewables, Grid and Infrastructure and Retail. The Company operates plants for electricity generation and production from renewable energy sources.
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