Innogy SE (ETR:IGY) has been given a €38.30 ($44.53) price target by stock analysts at Oddo Bhf in a research report issued on Tuesday. The firm presently has a “neutral” rating on the stock. Oddo Bhf’s target price would indicate a potential downside of 3.04% from the stock’s current price.
Several other equities research analysts have also recently issued reports on the company. Goldman Sachs Group, Inc. (The) set a €42.40 ($49.30) price objective on Innogy SE and gave the stock a “neutral” rating in a report on Tuesday. J P Morgan Chase & Co set a €38.00 ($44.19) price objective on Innogy SE and gave the stock a “neutral” rating in a report on Tuesday. Independent Research GmbH set a €43.00 ($50.00) price objective on Innogy SE and gave the stock a “neutral” rating in a report on Monday. Commerzbank Ag set a €36.50 ($42.44) price objective on Innogy SE and gave the stock a “neutral” rating in a report on Monday. Finally, Citigroup Inc. reiterated a “neutral” rating on shares of Innogy SE in a report on Friday, November 10th. Four analysts have rated the stock with a sell rating, fifteen have issued a hold rating and four have assigned a buy rating to the stock. Innogy SE currently has an average rating of “Hold” and an average target price of €37.39 ($43.47).
Shares of Innogy SE (IGY) opened at €39.50 ($45.93) on Tuesday. Innogy SE has a twelve month low of €30.12 ($35.02) and a twelve month high of €42.46 ($49.37).
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.
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