Other analysts also recently issued research reports about the company. Kepler Capital Markets set a €35.00 ($41.67) price objective on Innogy and gave the stock a neutral rating in a research report on Friday, December 15th. Goldman Sachs Group set a €42.00 ($50.00) price objective on Innogy and gave the stock a buy rating in a research report on Thursday, September 21st. Barclays set a €34.00 ($40.48) price objective on Innogy and gave the stock a sell rating in a research report on Wednesday, November 8th. Warburg Research reiterated a neutral rating on shares of Innogy in a research report on Wednesday, December 20th. Finally, JPMorgan Chase & Co. set a €38.00 ($45.24) price objective on Innogy and gave the stock a neutral rating in a research 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 company. The company currently has a consensus rating of Hold and a consensus target price of €35.56 ($42.33).
Shares of Innogy (ETR IGY) opened at €33.30 ($39.64) on Friday. Innogy has a 52 week low of €30.82 ($36.69) and a 52 week high of €42.68 ($50.81). The firm has a market capitalization of $18,490.00 and a P/E ratio of 16.01.
COPYRIGHT VIOLATION NOTICE: “Berenberg Bank Analysts Give Innogy (IGY) a €32.00 Price Target” was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece of content on another publication, it was stolen and reposted in violation of US & international trademark and copyright laws. The original version of this piece of content can be viewed at https://ledgergazette.com/2018/01/15/berenberg-bank-analysts-give-innogy-igy-a-32-00-price-target.html.
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.
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.