Innogy SE (ETR:IGY) received a €37.70 ($44.88) price target from analysts at BNP Paribas in a research note issued to investors on Monday. The firm presently has a “neutral” rating on the stock.
Several other research firms have also recently issued reports on IGY. 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 Monday, May 29th. UBS AG set a €34.00 ($40.48) price target on shares of Innogy SE and gave the stock a “neutral” rating in a research note on Monday, May 29th. Goldman Sachs Group, Inc. (The) set a €36.00 ($42.86) price target on shares of Innogy SE and gave the stock a “neutral” rating in a research note on Thursday, May 25th. Deutsche Bank AG set a €37.00 ($44.05) price target on shares of Innogy SE and gave the stock a “buy” rating in a research note on Tuesday, May 23rd. Finally, Oddo Securities set a €35.00 ($41.67) price target on shares of Innogy SE and gave the stock a “neutral” rating in a research note on Monday, May 15th. Three investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of €36.75 ($43.76).
Innogy SE (IGY) opened at 37.515 on Monday. The firm has a market capitalization of €21.03 billion and a P/E ratio of 16.233. The company has a 50 day moving average price of €36.87 and a 200 day moving average price of €35.59. Innogy SE has a 52-week low of €30.13 and a 52-week high of €38.62.
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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.
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