Bank of America Corporation Analysts Give Innogy SE (IGY) a €38.20 Price Target

Bank of America Corporation set a €38.20 ($45.48) target price on Innogy SE (ETR:IGY) in a research report sent to investors on Friday morning. The firm currently has a buy rating on the stock.

A number of other research firms have also recently commented on IGY. Goldman Sachs Group, Inc. (The) set a €36.00 ($42.86) price objective on shares of Innogy SE and gave the stock a neutral rating in a research report on Thursday, May 25th. Deutsche Bank AG set a €37.00 ($44.05) price objective on shares of Innogy SE and gave the stock a buy rating in a research report on Tuesday, May 23rd. Barclays PLC set a €33.00 ($39.29) price objective on shares of Innogy SE and gave the stock a neutral rating in a research report on Saturday, May 20th. UBS AG set a €34.00 ($40.48) price objective on shares of Innogy SE and gave the stock a neutral rating in a research report on Saturday, May 20th. Finally, Oddo Securities set a €35.00 ($41.67) target price on shares of Innogy SE and gave the company a neutral rating in a research report on Monday, May 15th. Three analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have issued a buy rating to the company. The company currently has an average rating of Hold and an average price target of €36.75 ($43.76).

Innogy SE (IGY) opened at 37.784 on Friday. Innogy SE has a 1-year low of €30.13 and a 1-year high of €38.62. The firm has a market capitalization of €21.18 billion and a PE ratio of 16.350. The company’s 50-day moving average is €36.74 and its 200 day moving average is €35.51.

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About Innogy SE

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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