Innogy (IGY) PT Set at €35.00 by UBS Group
UBS Group set a €35.00 ($43.21) price target on Innogy (ETR:IGY) in a report issued on Wednesday, www.boersen-zeitung.de reports. The brokerage currently has a neutral rating on the stock.
Several other research analysts also recently commented on the stock. Goldman Sachs Group set a €37.00 ($45.68) price target on shares of Innogy and gave the stock a neutral rating in a research note on Tuesday, December 26th. Berenberg Bank set a €32.00 ($39.51) target price on shares of Innogy and gave the stock a neutral rating in a report on Friday, January 12th. Deutsche Bank set a €36.00 ($44.44) target price on shares of Innogy and gave the stock a buy rating in a report on Friday, December 15th. Bank of America set a €41.80 ($51.60) target price on shares of Innogy and gave the stock a buy rating in a report on Wednesday, November 29th. Finally, Barclays set a €34.00 ($41.98) target price on shares of Innogy and gave the stock a sell rating in a report on Wednesday, November 8th. Six investment analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of €34.13 ($42.13).
Innogy (ETR IGY) opened at €32.40 ($40.00) on Wednesday. The company has a market cap of $18,000.00 and a PE ratio of 15.58. Innogy has a 12 month low of €29.11 ($35.94) and a 12 month high of €42.68 ($52.69).
Innogy 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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