Innogy SE (ETR:IGY) received a €36.00 ($42.35) target price from investment analysts at UBS AG in a research report issued on Friday, www.boersen-zeitung.de reports. The firm currently has a “neutral” rating on the stock.
Other equities research analysts have also recently issued research reports about the stock. Deutsche Bank AG set a €37.00 ($43.53) target price on shares of Innogy SE and gave the stock a “buy” rating in a research note on Tuesday, May 9th. Macquarie set a €40.00 ($47.06) target price on shares of Innogy SE and gave the stock a “buy” rating in a research note on Friday, June 16th. Berenberg Bank set a €37.00 ($43.53) target price on shares of Innogy SE and gave the stock a “buy” rating in a research note on Thursday, June 22nd. Finally, Goldman Sachs Group, Inc. (The) set a €41.50 ($48.82) target price on shares of Innogy SE and gave the stock a “buy” rating in a research note on Friday, July 7th. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of €36.18 ($42.56).
Innogy SE (ETR:IGY) opened at 36.20 on Friday. The stock has a 50 day moving average of €35.73 and a 200 day moving average of €34.88. The stock has a market cap of €20.11 billion and a P/E ratio of 15.02. Innogy SE has a 1-year low of €30.12 and a 1-year high of €38.62.
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About Innogy SE
innogy SE operates as an energy company in Europe. It operates through three segments: Grid & Infrastructure, Retail, and Renewables. The Grid & Infrastructure segment operates electricity and gas distribution grids in Germany and Eastern Europe with a total length of approximately 570,000 km serving approximately 16.5 million grid customers.
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