Innogy SE (IGY) Given a €35.50 Price Target by Goldman Sachs Group Inc Analysts

Innogy SE (ETR:IGY) has been assigned a €35.50 ($38.17) target price by equities researchers at Goldman Sachs Group Inc in a note issued to investors on Tuesday. The brokerage currently has a “neutral” rating on the stock.

Other equities research analysts have also recently issued research reports about the stock. BNP Paribas set a €38.00 ($40.86) target price on shares of Innogy SE and gave the company a “buy” rating in a research report on Tuesday, March 14th. Kepler Capital Markets set a €34.00 ($36.56) target price on shares of Innogy SE and gave the company a “neutral” rating in a research report on Monday. Independent Research GmbH set a €36.00 ($38.71) target price on shares of Innogy SE and gave the company a “neutral” rating in a research report on Monday, March 13th. Morgan Stanley set a €31.00 ($33.33) target price on shares of Innogy SE and gave the company a “sell” rating in a research report on Monday, January 16th. Finally, Oddo Securities set a €34.00 ($36.56) target price on shares of Innogy SE and gave the company a “neutral” rating in a research report on Wednesday, December 7th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and six have given a buy rating to the stock. Innogy SE presently has an average rating of “Hold” and an average target price of €35.14 ($37.79).

Analyst Recommendations for Innogy SE (ETR:IGY)

Shares of Innogy SE (ETR:IGY) opened at 34.501 on Tuesday. Innogy SE has a 52-week low of €30.13 and a 52-week high of €38.62. The firm has a market cap of €17.25 billion and a PE ratio of 14.582. The firm has a 50-day moving average of €33.64 and a 200 day moving average of €33.34.

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Innogy SE Company Profile

Innogy SE is a Germany-based company, which is primarily involved in the utilities industry. The Company operates as a provider of electricity and natural gas. The Company’s operations are divided into three segments, namely Renewables, Grid and Infrastructure and Retail. The Company operates plants for electricity generation and production from renewable energy sources.

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