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 research report released on Monday, www.boersen-zeitung.de reports. The firm currently has a neutral rating on the stock.
Other research analysts also recently issued reports about the company. Oddo Bhf set a €34.00 ($41.98) price target on Innogy and gave the stock a neutral rating in a research note on Wednesday, December 27th. Morgan Stanley set a €32.50 ($40.12) price target on Innogy and gave the stock a sell rating in a research note on Monday, January 22nd. Macquarie set a €42.00 ($51.85) price target on Innogy and gave the stock a buy rating in a research note on Wednesday, November 15th. Deutsche Bank set a €39.00 ($48.15) price target on Innogy and gave the stock a neutral rating in a research note on Wednesday, December 6th. Finally, DZ Bank restated a neutral rating on shares of Innogy in a research note on Wednesday, December 13th. Six analysts have rated the stock with a sell rating, nineteen have issued a hold rating and one has given a buy rating to the company. The stock has an average rating of Hold and a consensus price target of €34.08 ($42.08).
Innogy (ETR:IGY) opened at €38.89 ($48.01) on Monday. Innogy has a 52 week low of €29.11 ($35.94) and a 52 week high of €42.68 ($52.69). The stock has a market capitalization of $21,610.00 and a P/E ratio of 27.78.
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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