Innogy SE (IGY) Given a €39.50 Price Target by Societe Generale Analysts
Innogy SE (ETR:IGY) has been given a €39.50 ($43.41) price objective by stock analysts at Societe Generale in a note issued to investors on Friday. The brokerage presently has a a “neutral” rating on the stock.
Other analysts have also recently issued research reports about the stock. Commerzbank AG set a €34.50 ($37.91) price objective on shares of Innogy SE and gave the stock a “neutral” rating in a research note on Monday, October 10th. HSBC set a €39.00 ($42.86) price objective on shares of Innogy SE and gave the stock a “neutral” rating in a research note on Monday, October 10th. Kepler Capital Markets set a €34.00 ($37.36) price objective on shares of Innogy SE and gave the stock a “sell” rating in a research note on Monday, October 10th. Finally, Macquarie set a €41.00 ($45.05) price objective on shares of Innogy SE and gave the stock a “buy” rating in a research note on Friday, October 7th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of €37.60 ($41.32).
Shares of Innogy SE (ETR:IGY) opened at 37.858 on Friday. The firm has a 50-day moving average of €37.56 and a 200 day moving average of €37.56. The company has a market cap of €18.93 billion and a price-to-earnings ratio of 12.886. Innogy SE has a one year low of €36.75 and a one year high of €37.91.
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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