Innogy (IGY) Given a €38.50 Price Target by Macquarie Analysts

Macquarie set a €38.50 ($47.53) price target on Innogy (ETR:IGY) in a research note published on Thursday morning. The brokerage currently has a neutral rating on the stock.

Other analysts also recently issued research reports about the stock. UBS set a €38.00 ($46.91) price objective on shares of Innogy and gave the stock a neutral rating in a research report on Wednesday. Oddo Bhf set a €34.00 ($41.98) price objective on shares of Innogy and gave the stock a neutral rating in a research report on Wednesday, December 27th. Morgan Stanley set a €32.50 ($40.12) price objective on shares of Innogy and gave the stock a sell rating in a research report on Monday, January 22nd. HSBC set a €40.00 ($49.38) price objective on shares of Innogy and gave the stock a neutral rating in a research report on Monday, March 19th. Finally, JPMorgan Chase & Co. set a €36.76 ($45.38) price objective on shares of Innogy and gave the stock a neutral rating in a research report on Wednesday. Four analysts have rated the stock with a sell rating and twenty-one have assigned a hold rating to the company. The company presently has an average rating of Hold and an average target price of €35.42 ($43.73).

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Shares of Innogy stock opened at €38.42 ($47.43) on Thursday. The company has a market cap of $21,380.00 and a P/E ratio of 27.44. Innogy has a 52-week low of €29.11 ($35.94) and a 52-week high of €42.68 ($52.69).

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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.

Analyst Recommendations for Innogy (ETR:IGY)

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