Innogy SE (IGY) Receives “Neutral” Rating from Citigroup Inc.

Citigroup Inc. reissued their neutral rating on shares of Innogy SE (ETR:IGY) in a research note issued to investors on Friday.

Other research analysts have also recently issued research reports about the company. Warburg Research set a €42.00 ($48.84) price objective on Innogy SE and gave the stock a buy rating in a research report on Wednesday, August 16th. Goldman Sachs Group, Inc. (The) set a €41.50 ($48.26) price objective on Innogy SE and gave the stock a buy rating in a research report on Thursday, July 20th. Deutsche Bank AG set a €40.00 ($46.51) price objective on Innogy SE and gave the stock a buy rating in a research report on Friday, August 4th. Bank of America Corporation set a €38.20 ($44.42) price objective on Innogy SE and gave the stock a buy rating in a research report on Friday, September 8th. Finally, Macquarie set a €42.00 ($48.84) target price on Innogy SE and gave the stock a buy rating in a report on Tuesday, October 17th. Three investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of Hold and an average target price of €37.14 ($43.19).

Shares of Innogy SE (ETR:IGY) opened at €40.51 ($47.10) on Friday. Innogy SE has a 52 week low of €30.12 ($35.02) and a 52 week 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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