Innogy (IGY) Given a €34.00 Price Target by Oddo Bhf Analysts

Oddo Bhf set a €34.00 ($40.48) price objective on Innogy (ETR:IGY) in a research report sent to investors on Thursday, December 21st. The brokerage currently has a neutral rating on the stock.

Other research analysts also recently issued reports about the stock. Deutsche Bank set a €40.00 ($47.62) target price on shares of Innogy and gave the company a buy rating in a research report on Thursday, September 7th. Goldman Sachs Group set a €42.00 ($50.00) price target on shares of Innogy and gave the company a buy rating in a research report on Friday, September 8th. Bank of America set a €38.20 ($45.48) price target on shares of Innogy and gave the company a buy rating in a research report on Friday, September 8th. Macquarie set a €42.00 ($50.00) price target on shares of Innogy and gave the company a buy rating in a research report on Tuesday, October 17th. Finally, Warburg Research set a €42.00 ($50.00) target price on Innogy and gave the stock a buy rating in a research note on Thursday, December 14th. Three investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of €35.56 ($42.33).

Shares of Innogy (ETR IGY) traded up €0.45 ($0.54) during midday trading on Thursday, reaching €33.29 ($39.63). 770,039 shares of the company traded hands, compared to its average volume of 868,043. Innogy has a 1-year low of €30.82 ($36.69) and a 1-year high of €42.68 ($50.81). The firm has a market cap of $18,490.00 and a P/E ratio of 16.00.

TRADEMARK VIOLATION WARNING: “Innogy (IGY) Given a €34.00 Price Target by Oddo Bhf Analysts” was originally posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece on another publication, it was illegally copied and republished in violation of U.S. and international trademark & copyright law. The legal version of this piece can be viewed at https://ledgergazette.com/2018/01/12/innogy-igy-given-a-34-00-price-target-at-oddo-bhf.html.

About Innogy

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)

Receive News & Ratings for Innogy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Innogy and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply