Commerzbank AG set a €34.50 ($38.33) price objective on Innogy SE (ETR:IGY) in a research report sent to investors on Monday. The firm currently has a a neutral rating on the stock.

Separately, Macquarie set a €41.00 ($45.56) target price on Innogy SE and gave the stock a buy rating in a report on Friday.

Innogy SE (ETR:IGY) opened at 35.996 on Monday. Innogy SE has a 52 week low of €35.84 and a 52 week high of €36.10. The firm has a 50-day moving average price of €0.00 and a 200 day moving average price of €0.00. The company has a market cap of €18.00 billion and a P/E ratio of 12.252.

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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