HSBC Reiterates €39.00 Price Target for Innogy SE (IGY)
IGY has been the topic of a number of other research reports. Macquarie set a €41.00 ($45.56) price objective on Innogy SE and gave the stock a buy rating in a research note on Friday, October 7th. Commerzbank AG set a €34.50 ($38.33) price objective on Innogy SE and gave the stock a neutral rating in a research note on Monday.
Innogy SE (ETR:IGY) opened at 37.099 on Monday. 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 12-month low of €36.68 and a 12-month high of €37.11. The company has a market cap of €18.55 billion and a P/E ratio of 12.627.
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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