UBS Group Analysts Give Innogy (IGY) a €35.00 Price Target

UBS Group set a €35.00 ($41.67) target price on Innogy (ETR:IGY) in a research note released on Tuesday morning, www.boersen-zeitung.de reports. The firm currently has a neutral rating on the stock.

IGY has been the topic of a number of other research reports. Kepler Capital Markets set a €35.00 ($41.67) price target on shares of Innogy and gave the company a neutral rating in a report on Friday, December 15th. Goldman Sachs Group set a €42.00 ($50.00) target price on shares of Innogy and gave the stock a buy rating in a report on Thursday, September 21st. Barclays set a €34.00 ($40.48) target price on shares of Innogy and gave the stock a sell rating in a report on Wednesday, November 8th. Warburg Research restated a neutral rating on shares of Innogy in a report on Wednesday, December 20th. Finally, JPMorgan Chase & Co. set a €38.00 ($45.24) target price on shares of Innogy and gave the stock a neutral rating in a report on Wednesday, November 8th. Three investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating and three have issued a buy rating to the stock. Innogy has an average rating of Hold and an average target price of €35.92 ($42.76).

Innogy (ETR IGY) traded down €0.13 ($0.15) during trading hours on Tuesday, hitting €33.13 ($39.44). 669,537 shares of the stock were exchanged, compared to its average volume of 840,929. Innogy has a 1 year low of €30.82 ($36.69) and a 1 year high of €42.68 ($50.81). The stock has a market capitalization of $18,420.00 and a PE ratio of 15.93.

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Innogy 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 (ETR:IGY)

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