HSBC set a €38.40 ($44.65) target price on Innogy (ETR:IGY) in a research note issued to investors on Thursday morning. The firm currently has a neutral rating on the stock.

Several other equities analysts also recently weighed in on IGY. Sanford C. Bernstein set a €38.40 ($44.65) target price on shares of Innogy and gave the stock a neutral rating in a research note on Friday, August 10th. UBS Group set a €36.76 ($42.74) target price on shares of Innogy and gave the stock a neutral rating in a research note on Wednesday, June 27th. Jefferies Financial Group set a €36.80 ($42.79) target price on shares of Innogy and gave the stock a neutral rating in a research note on Friday, August 10th. Independent Research set a €38.40 ($44.65) target price on shares of Innogy and gave the stock a neutral rating in a research note on Friday, August 31st. Finally, JPMorgan Chase & Co. set a €36.76 ($42.74) target price on shares of Innogy and gave the stock a neutral rating in a research note on Monday, May 14th. Four analysts have rated the stock with a sell rating and nineteen have issued a hold rating to the company. The company currently has an average rating of Hold and an average price target of €35.68 ($41.48).

IGY opened at €37.75 ($43.90) on Thursday. Innogy has a twelve month low of €29.11 ($33.85) and a twelve month high of €42.68 ($49.63).

Innogy Company Profile

innogy SE operates as an energy company in Europe. It operates through three divisions: Renewables, Grid & Infrastructure, and Retail. The Renewables division engages in the generation of electricity through onshore and offshore wind power, as well as hydroelectric power generation activities primarily in Germany, the United Kingdom, Spain, the Netherlands, Poland, and Italy.

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Analyst Recommendations for Innogy (ETR:IGY)

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