Sanford C. Bernstein set a €38.40 ($44.65) target price on Innogy (ETR:IGY) in a report released on Friday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Other equities analysts have also recently issued reports about the company. UBS Group set a €42.00 ($48.84) price objective on Innogy and gave the stock a neutral rating in a report on Friday, August 9th. Berenberg Bank set a €39.00 ($45.35) price objective on Innogy and gave the stock a neutral rating in a report on Thursday, May 16th. Jefferies Financial Group set a €36.80 ($42.79) price objective on Innogy and gave the stock a neutral rating in a report on Friday, August 9th. Kepler Capital Markets set a €29.00 ($33.72) price objective on Innogy and gave the stock a sell rating in a report on Tuesday, May 14th. Finally, Royal Bank of Canada set a €40.00 ($46.51) price objective on Innogy and gave the stock a neutral rating in a report on Friday, August 9th. Five research analysts have rated the stock with a sell rating and eleven have issued a hold rating to the stock. Innogy presently has an average rating of Hold and an average price target of €37.05 ($43.08).

Shares of IGY stock opened at €43.84 ($50.98) on Friday. The stock has a fifty day moving average price of €43.12 and a 200 day moving average price of €41.48. The stock has a market cap of $24.36 billion and a PE ratio of -29.27. Innogy has a 1 year low of €37.09 ($43.13) and a 1 year high of €43.88 ($51.02). The company has a debt-to-equity ratio of 215.26, a quick ratio of 0.85 and a current ratio of 0.89.

About Innogy

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

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Analyst Recommendations for Innogy (ETR:IGY)

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