Innogy SE (ETR:IGY) has earned an average rating of “Hold” from the thirteen brokerages that are covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a sell recommendation and nine have given a hold recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is €38.17 ($44.38).
Several research analysts have issued reports on the stock. UBS Group set a €44.00 ($51.16) target price on shares of Innogy and gave the stock a “neutral” rating in a report on Thursday, November 28th. Independent Research set a €39.50 ($45.93) price target on shares of Innogy and gave the company a “sell” rating in a report on Thursday, November 28th. Jefferies Financial Group set a €36.80 ($42.79) price target on shares of Innogy and gave the company a “neutral” rating in a report on Thursday, November 28th. DZ Bank reaffirmed a “sell” rating on shares of Innogy in a research report on Thursday, November 28th. Finally, Credit Suisse Group set a €42.90 ($49.88) price objective on shares of Innogy and gave the company a “sell” rating in a research note on Thursday, November 7th.
ETR:IGY traded down €1.00 ($1.16) during midday trading on Friday, hitting €43.75 ($50.87). The stock had a trading volume of 253,269 shares, compared to its average volume of 1,720,000. The stock has a 50-day moving average of €44.41 and a 200 day moving average of €44.12. The company has a market capitalization of $24.31 billion and a price-to-earnings ratio of -37.23. Innogy has a one year low of €39.72 ($46.19) and a one year high of €45.98 ($53.47). The company has a quick ratio of 0.85, a current ratio of 0.89 and a debt-to-equity ratio of 215.26.
Innogy Company Profile
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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