Several other brokerages also recently issued reports on IGY. Credit Suisse Group set a €39.00 ($45.35) price objective on shares of Innogy and gave the stock a sell rating in a research note on Monday, February 4th. Jefferies Financial Group set a €36.80 ($42.79) price objective on shares of Innogy and gave the stock a neutral rating in a research note on Wednesday, February 6th. Morgan Stanley set a €32.00 ($37.21) price objective on shares of Innogy and gave the stock a sell rating in a research note on Thursday, December 13th. DZ Bank reissued a neutral rating on shares of Innogy in a research note on Monday, December 17th. Finally, Royal Bank of Canada set a €38.00 ($44.19) price objective on shares of Innogy and gave the stock a neutral rating in a research note on Monday, December 17th. Six research analysts have rated the stock with a sell rating and twelve have assigned a hold rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of €37.06 ($43.09).
Shares of ETR IGY opened at €41.10 ($47.79) on Wednesday. Innogy has a 1 year low of €29.11 ($33.85) and a 1 year high of €42.68 ($49.63).
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.
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