Innogy SE (IGY) Given a €36.00 Price Target by Goldman Sachs Group Inc Analysts

Innogy SE (ETR:IGY) received a €36.00 ($40.45) price target from investment analysts at Goldman Sachs Group Inc in a research report issued to clients and investors on Thursday. The brokerage presently has a “neutral” rating on the stock.

IGY has been the topic of several other research reports. Kepler Capital Markets set a €34.00 ($38.20) target price on shares of Innogy SE and gave the stock a “neutral” rating in a report on Monday, March 20th. Independent Research GmbH set a €35.00 ($39.33) target price on shares of Innogy SE and gave the stock a “neutral” rating in a report on Monday, May 15th. Commerzbank Ag set a €36.50 ($41.01) target price on shares of Innogy SE and gave the stock a “neutral” rating in a report on Monday, May 15th. HSBC Holdings plc set a €32.00 ($35.96) target price on shares of Innogy SE and gave the stock a “neutral” rating in a report on Tuesday, February 7th. Finally, Credit Suisse Group AG set a €32.40 ($36.40) target price on shares of Innogy SE and gave the stock a “neutral” rating in a report on Friday, March 24th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of €35.65 ($40.06).

Analyst Recommendations for Innogy SE (ETR:IGY)

Innogy SE (ETR:IGY) opened at 36.40 on Thursday. The firm’s 50-day moving average is €34.83 and its 200-day moving average is €33.44. The firm has a market capitalization of €20.22 billion and a price-to-earnings ratio of 8.77. Innogy SE has a 1-year low of €30.12 and a 1-year high of €38.62.

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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.

12 Month Chart for ETR:IGY

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