Macquarie set a €41.00 ($45.56) price target on Innogy SE (ETR:IGY) in a research report report published on Friday. The firm currently has a a buy rating on the stock.

Innogy SE (ETR:IGY) traded up 99.06% during midday trading on Friday, reaching €35.75. The company’s stock had a trading volume of 14,150 shares. The firm has a 50 day moving average price of €0.00 and a 200 day moving average price of €0.00. Innogy SE has a 1-year low of €35.50 and a 1-year high of €36.33. The firm has a market capitalization of €17.87 billion and a PE ratio of 12.17.

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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