innogy’s (IGY) “Neutral” Rating Reiterated at Warburg Research

innogy (ETR:IGY)‘s stock had its “neutral” rating reaffirmed by equities research analysts at Warburg Research in a report issued on Wednesday.

IGY has been the topic of a number of other reports. Kepler Capital Markets set a €35.00 ($41.67) price target on innogy and gave the stock a “neutral” rating in a research note on Friday, December 15th. Goldman Sachs Group set a €42.00 ($50.00) price objective on innogy and gave the stock a “buy” rating in a research report on Thursday, September 21st. Bank of America set a €38.20 ($45.48) price objective on innogy and gave the stock a “buy” rating in a research report on Friday, September 8th. Barclays set a €34.00 ($40.48) price objective on innogy and gave the stock a “sell” rating in a research report on Wednesday, November 8th. Finally, J P Morgan Chase & Co set a €38.00 ($45.24) price objective on innogy and gave the stock a “neutral” rating in a research report on Wednesday, November 8th. Three investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating and three have assigned a buy rating to the company’s stock. innogy has a consensus rating of “Hold” and a consensus target price of €36.52 ($43.48).

innogy (ETR IGY) opened at €32.48 ($38.66) on Wednesday. innogy has a 12 month low of €30.55 ($36.37) and a 12 month high of €42.68 ($50.81).

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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.

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