Innogy SE’s (IGY) Buy Rating Reaffirmed at Goldman Sachs Group, Inc. (The)
A number of other equities analysts have also recently issued reports on IGY. Kepler Capital Markets set a €35.00 ($40.70) target price on Innogy SE and gave the stock a neutral rating in a report on Friday, August 11th. Barclays PLC set a €33.00 ($38.37) price objective on Innogy SE and gave the company a sell rating in a report on Monday, August 14th. Citigroup Inc. set a €34.70 ($40.35) price objective on Innogy SE and gave the company a neutral rating in a report on Wednesday, November 1st. Commerzbank Ag set a €36.50 ($42.44) price objective on Innogy SE and gave the company a neutral rating in a report on Monday, August 14th. Finally, Independent Research GmbH set a €37.00 ($43.02) price objective on Innogy SE and gave the company a neutral rating in a report on Monday, August 14th. Three research analysts have rated the stock with a sell rating, fifteen have given a hold rating and five have issued a buy rating to the company. Innogy SE presently has an average rating of Hold and an average price target of €36.92 ($42.93).
Shares of Innogy SE (IGY) traded up €0.77 ($0.90) during mid-day trading on Monday, reaching €41.60 ($48.37). The company’s stock had a trading volume of 595,291 shares, compared to its average volume of 327,907. Innogy SE has a 52-week low of €30.12 ($35.02) and a 52-week high of €42.36 ($49.26).
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Innogy SE Company Profile
innogy SE operates as an energy company in Europe. It primarily operates through three segments: Grid & Infrastructure, Renewables, and Retail. The Grid & Infrastructure segment operates electricity and gas distribution grids in Germany and Eastern Europe with a length of approximately 574,000 kilometers serving approximately 16 million power and 7 million gas customers.
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