Berenberg Bank Analysts Give Innogy (IGY) a €32.00 Price Target

Berenberg Bank set a €32.00 ($38.10) target price on Innogy (ETR:IGY) in a research report report published on Friday. The firm currently has a neutral rating on the stock.

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.

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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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