Innogy (IGY) Given a €34.00 Price Target at Independent Research

Independent Research set a €34.00 ($39.53) target price on Innogy (ETR:IGY) in a research note released on Thursday morning. The firm currently has a sell rating on the stock.

Several other brokerages have also issued reports on IGY. Credit Suisse Group set a €39.00 ($45.35) target price on shares of Innogy and gave the company a sell rating in a research report on Monday, February 4th. Kepler Capital Markets set a €35.00 ($40.70) target price on shares of Innogy and gave the company a sell rating in a research report on Wednesday. UBS Group set a €36.76 ($42.74) target price on shares of Innogy and gave the company a neutral rating in a research report on Friday, November 30th. Jefferies Financial Group set a €36.80 ($42.79) target price on shares of Innogy and gave the company a neutral rating in a research report on Wednesday, February 6th. Finally, Sanford C. Bernstein set a €38.40 ($44.65) target price on shares of Innogy and gave the company a neutral rating in a research report on Monday, December 17th. Six analysts have rated the stock with a sell rating and twelve have issued a hold rating to the stock. The stock has a consensus rating of Hold and a consensus price target of €37.06 ($43.09).

Shares of ETR IGY opened at €41.10 ($47.79) on Thursday. Innogy has a 12-month low of €29.11 ($33.85) and a 12-month high of €42.68 ($49.63).

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.

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Analyst Recommendations for Innogy (ETR:IGY)

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