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

Berenberg Bank set a €32.00 ($38.10) price objective on Innogy (ETR:IGY) in a report released on Friday morning. The brokerage currently has a neutral rating on the stock.

IGY has been the topic of several other research reports. Kepler Capital Markets set a €35.00 ($41.67) price objective on shares of 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 target on shares of Innogy and gave the company a buy rating in a research report on Thursday, September 21st. Barclays set a €34.00 ($40.48) price target on shares of Innogy and gave the company a sell rating in a research report on Wednesday, November 8th. Warburg Research reissued 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 target on shares of Innogy and gave the company a neutral rating in a research report on Wednesday, November 8th. Three research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and three have issued a buy rating to the company’s stock. Innogy currently 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 mid-day trading on Friday, reaching €33.29 ($39.63). 770,039 shares of the company’s stock traded hands, compared to its average volume of 868,043. The company has a market capitalization of $18,490.00 and a price-to-earnings ratio of 16.00. Innogy has a twelve month low of €30.82 ($36.69) and a twelve month high of €42.68 ($50.81).

COPYRIGHT VIOLATION WARNING: “Innogy (IGY) Given a €32.00 Price Target by Berenberg Bank Analysts” was first posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this article on another site, it was copied illegally and reposted in violation of United States & international trademark and copyright law. The correct version of this article can be read at https://www.dispatchtribunal.com/2018/01/13/innogy-igy-given-a-32-00-price-target-by-berenberg-bank-analysts.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