Innogy (ETR:IGY) has been assigned a €32.00 ($39.51) price objective by stock analysts at Berenberg Bank in a report released on Friday, January 12th. The brokerage presently has a “neutral” rating on the stock. Berenberg Bank’s price target would indicate a potential upside of 6.14% from the stock’s previous close.
Other equities analysts have also issued research reports about the company. Goldman Sachs Group set a €42.00 ($51.85) price target on Innogy and gave the company a “buy” rating in a research note on Thursday, September 21st. Kepler Capital Markets set a €35.00 ($43.21) price target on Innogy and gave the company a “neutral” rating in a research note on Tuesday, September 19th. Macquarie set a €42.00 ($51.85) price objective on Innogy and gave the stock a “buy” rating in a research note on Wednesday, November 15th. Oddo Bhf set a €34.00 ($41.98) price objective on Innogy and gave the stock a “neutral” rating in a research note on Thursday, December 21st. Finally, Morgan Stanley set a €32.50 ($40.12) price objective on Innogy and gave the stock a “sell” rating in a research note on Monday, December 4th. Four investment analysts have rated the stock with a sell rating, nineteen have issued a hold rating and one has issued a buy rating to the company’s stock. Innogy currently has a consensus rating of “Hold” and an average target price of €34.71 ($42.85).
Innogy (ETR:IGY) opened at €30.15 ($37.22) on Friday. The stock has a market capitalization of $17,080.00 and a PE ratio of 14.50. Innogy has a fifty-two week low of €30.24 ($37.33) and a fifty-two week high of €42.68 ($52.69).
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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.
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