UBS Group set a €35.00 ($41.67) price target on Innogy (ETR:IGY) in a research report sent to investors on Tuesday, www.boersen-zeitung.de reports. The firm currently has a neutral rating on the stock.
IGY has been the topic of several other research reports. Kepler Capital Markets set a €35.00 ($41.67) target price on Innogy and gave the stock a neutral rating in a research report on Friday, December 15th. Goldman Sachs Group set a €42.00 ($50.00) target price on Innogy and gave the stock a buy rating in a research report on Thursday, September 21st. Barclays set a €34.00 ($40.48) target price on Innogy and gave the stock a sell rating in a research report on Wednesday, November 8th. Warburg Research reiterated a neutral rating on shares of Innogy in a research report on Wednesday, December 20th. Finally, JPMorgan Chase & Co. set a €38.00 ($45.24) target price on Innogy and gave the stock a neutral rating in a research report on Wednesday, November 8th. Three equities research analysts have rated the stock with a sell rating, eighteen have given a hold rating and three have assigned a buy rating to the company. Innogy presently has an average rating of Hold and an average price target of €35.84 ($42.67).
Innogy (IGY) opened at €32.84 ($39.10) on Tuesday. Innogy has a 52-week low of €30.82 ($36.69) and a 52-week high of €42.68 ($50.81). The stock has a market capitalization of $18,240.00 and a P/E ratio of 15.79.
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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.
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