Innogy SE (IGY) Given a €37.00 Price Target at Deutsche Bank AG

Deutsche Bank AG set a €37.00 ($39.76) target price on Innogy SE (ETR:IGY) in a research report report published on Friday morning. The brokerage currently has a buy rating on the stock.

A number of other research firms also recently issued reports on IGY. HSBC Holdings plc set a €32.00 ($34.38) price target on Innogy SE and gave the stock a neutral rating in a research note on Wednesday, January 25th. Barclays PLC set a €33.00 ($35.46) price target on Innogy SE and gave the stock a neutral rating in a research note on Tuesday, January 24th. Morgan Stanley set a €31.00 ($33.31) price target on Innogy SE and gave the stock a sell rating in a research note on Monday, January 16th. Goldman Sachs Group Inc set a €35.50 ($38.14) price target on Innogy SE and gave the stock a neutral rating in a research note on Monday, January 16th. Finally, Sanford C. Bernstein set a €38.50 ($41.37) price target on Innogy SE and gave the stock a buy rating in a research note on Tuesday, January 10th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus price target of €35.14 ($37.76).

Analyst Recommendations for Innogy SE (ETR:IGY)

Innogy SE (ETR:IGY) traded up 0.949% during midday trading on Friday, hitting €34.665. The company had a trading volume of 2,709 shares. Innogy SE has a 12 month low of €30.13 and a 12 month high of €38.62. The company has a market cap of €17.33 billion and a price-to-earnings ratio of 14.651. The firm has a 50-day moving average price of €33.54 and a 200-day moving average price of €33.33.

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Innogy SE Company Profile

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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