UBS Reiterates “€36.76” Price Target for Innogy (IGY)

UBS set a €36.76 ($43.76) price objective on Innogy (ETR:IGY) in a research note issued to investors on Tuesday, www.boersen-zeitung.de reports. The firm currently has a neutral rating on the stock.

Several other equities analysts have also issued reports on the company. HSBC set a €28.00 ($33.33) price target on Innogy and gave the company a sell rating in a research note on Tuesday, February 20th. Commerzbank set a €31.80 ($37.86) price target on Innogy and gave the company a neutral rating in a research note on Thursday, February 22nd. Deutsche Bank set a €36.00 ($42.86) price target on Innogy and gave the company a neutral rating in a research note on Wednesday, January 31st. Bank of America set a €32.30 ($38.45) price target on Innogy and gave the company a sell rating in a research note on Tuesday, January 16th. Finally, Goldman Sachs set a €35.20 ($41.90) price target on Innogy and gave the company a neutral rating in a research note on Tuesday, February 20th. Four investment analysts have rated the stock with a sell rating and twenty have given a hold rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of €35.90 ($42.74).

Shares of IGY stock opened at €36.10 ($42.98) on Tuesday. Innogy has a one year low of €29.11 ($34.65) and a one year high of €42.68 ($50.81).

Innogy Company Profile

innogy SE operates as an energy company in Europe. It operates through three divisions: Renewables, Grid & Infrastructure, and Retail. The Renewables division engages in the generation of electricity through onshore and offshore wind power, as well as hydroelectric power generation activities primarily in Germany, the United Kingdom, Spain, the Netherlands, Poland, and Italy.

Analyst Recommendations for Innogy (ETR:IGY)

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