Deutsche Bank AG set a €40.00 ($47.06) target price on Innogy SE (ETR:IGY) in a report issued on Friday morning. The firm currently has a buy rating on the stock.

Several other research analysts have also recently weighed in on the company. Goldman Sachs Group, Inc. (The) reiterated a neutral rating and set a price objective on shares of Innogy SE in a research report on Wednesday, May 3rd. Oddo Securities set a €35.00 ($41.18) price objective on Innogy SE and gave the stock a neutral rating in a research report on Monday, May 15th. UBS AG set a €36.00 ($42.35) price objective on Innogy SE and gave the stock a neutral rating in a research report on Friday, July 7th. Morgan Stanley set a €32.00 ($37.65) price objective on Innogy SE and gave the stock a sell rating in a research report on Monday, May 8th. Finally, Independent Research GmbH set a €35.00 ($41.18) price objective on Innogy SE and gave the stock a neutral rating in a research report on Monday, May 15th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of Hold and an average target price of €36.18 ($42.56).

Shares of Innogy SE (ETR IGY) opened at 36.635 on Friday. The firm’s 50-day moving average is €35.69 and its 200-day moving average is €34.80. Innogy SE has a 1-year low of €30.13 and a 1-year high of €38.62. The firm has a market cap of €20.35 billion and a P/E ratio of 15.201.

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About Innogy SE

innogy SE operates as an energy company in Europe. It operates through three segments: Grid & Infrastructure, Retail, and Renewables. The Grid & Infrastructure segment operates electricity and gas distribution grids in Germany and Eastern Europe with a total length of approximately 570,000 km serving approximately 16.5 million grid customers.

Analyst Recommendations for Innogy SE (ETR:IGY)

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