Innogy SE (IGY) Given a €36.50 Price Target at Commerzbank Ag

Commerzbank Ag set a €36.50 ($42.44) target price on Innogy SE (ETR:IGY) in a research note published on Monday morning. The firm currently has a neutral rating on the stock.

Several other equities analysts have also recently issued reports on the stock. Goldman Sachs Group, Inc. (The) set a €41.50 ($48.26) price target on shares of Innogy SE and gave the company a buy rating in a research report on Thursday, July 20th. Berenberg Bank set a €38.50 ($44.77) price target on shares of Innogy SE and gave the company a neutral rating in a research report on Monday, September 4th. BNP Paribas set a €37.70 ($43.84) price target on shares of Innogy SE and gave the company a neutral rating in a research report on Monday, September 11th. J P Morgan Chase & Co set a €38.00 ($44.19) price target on shares of Innogy SE and gave the company a neutral rating in a research report on Thursday, September 14th. Finally, Bank of America Corporation set a €38.20 ($44.42) price target on shares of Innogy SE and gave the company a buy rating in a research report on Friday, September 8th. Three research analysts have rated the stock with a sell rating, sixteen have given a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus target price of €37.30 ($43.37).

Innogy SE (ETR:IGY) traded down €0.26 ($0.30) during mid-day trading on Monday, hitting €40.43 ($47.01). 428,465 shares of the company’s stock were exchanged, compared to its average volume of 401,119. Innogy SE has a 12-month low of €30.12 ($35.02) and a 12-month high of €42.46 ($49.37).

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Innogy SE 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 SE (ETR:IGY)

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