Societe Generale set a €32.70 ($34.42) target price on Innogy SE (ETR:IGY) in a research note issued to investors on Tuesday morning. The brokerage currently has a neutral rating on the stock.

A number of other brokerages also recently weighed in on IGY. Barclays PLC set a €33.00 ($34.74) price target on shares of Innogy SE and gave the stock a neutral rating in a report on Wednesday, November 16th. HSBC set a €33.00 ($34.74) price target on shares of Innogy SE and gave the stock a neutral rating in a report on Thursday, November 17th. Independent Research GmbH set a €36.00 ($37.89) price target on shares of Innogy SE and gave the stock a neutral rating in a report on Tuesday, November 22nd. Credit Suisse Group AG set a €31.20 ($32.84) price target on shares of Innogy SE and gave the stock a neutral rating in a report on Wednesday, November 16th. Finally, Commerzbank AG set a €34.50 ($36.32) price target on shares of Innogy SE and gave the stock a neutral rating in a report on Friday, November 11th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. Innogy SE currently has a consensus rating of Hold and an average price target of €34.78 ($36.61).

Shares of Innogy SE (ETR:IGY) opened at 33.679 on Tuesday. Innogy SE has a one year low of €30.13 and a one year high of €38.62. The company’s 50 day moving average is €34.92 and its 200 day moving average is €34.92. The company has a market capitalization of €16.84 billion and a price-to-earnings ratio of 14.235.

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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.

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