Innogy SE (IGY) PT Set at €37.00 by Deutsche Bank AG

Innogy SE (ETR:IGY) has been given a €37.00 ($39.78) price objective by research analysts at Deutsche Bank AG in a research note issued to investors on Friday. The firm currently has a “buy” rating on the stock.

IGY has been the subject of several other research reports. Societe Generale set a €32.70 ($35.16) price target on shares of Innogy SE and gave the company a “neutral” rating in a research report on Tuesday, November 29th. Goldman Sachs Group Inc set a €35.50 ($38.17) price objective on shares of Innogy SE and gave the company a “neutral” rating in a research note on Tuesday, March 14th. HSBC Holdings plc set a €32.00 ($34.41) price objective on shares of Innogy SE and gave the company a “neutral” rating in a research note on Tuesday, February 7th. Berenberg Bank reiterated a “buy” rating on shares of Innogy SE in a research note on Tuesday, December 13th. Finally, Commerzbank Ag set a €36.50 ($39.25) price objective on shares of Innogy SE and gave the company a “neutral” rating in a research note on Monday, March 13th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and six have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of €35.14 ($37.79).

Analyst Recommendations for Innogy SE (ETR:IGY)

Innogy SE (ETR:IGY) opened at 34.665 on Friday. The firm has a market cap of €17.33 billion and a price-to-earnings ratio of 14.651. The firm has a 50-day moving average of €33.64 and a 200-day moving average of €33.34. Innogy SE has a one year low of €30.13 and a one year high of €38.62.

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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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