The Royal Bank of Canada Analysts Give Innogy SE (IGY) a €36.50 Price Target

The Royal Bank of Canada Analysts Give Innogy SE (IGY) a €36.50 Price Target

Several other equities analysts also recently weighed in on the company. Barclays PLC set a €33.00 ($37.08) target price on Innogy SE and gave the stock a neutral rating in a research report on Friday, May 12th. Deutsche Bank AG set a €37.00 ($41.57) target price on Innogy SE and gave the stock a buy rating in a research report on Tuesday, May 9th. Goldman Sachs Group Inc set a €34.80 ($39.10) target price on Innogy SE and gave the stock a neutral rating in a research report on Tuesday, May 9th. Morgan Stanley set a €32.00 ($35.96) price target on Innogy SE and gave the stock a sell rating in a research note on Monday, May 8th. Finally, Commerzbank Ag set a €36.50 ($41.01) price target on Innogy SE and gave the stock a neutral rating in a research note on Monday, May 8th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of €35.65 ($40.06).

Royal Bank of Canada set a €36.50 ($41.01) price objective on Innogy SE (ETR:IGY) in a research report sent to investors on Monday, May 15th. The brokerage currently has a neutral rating on the stock.

About Innogy SE Innogy SE is a Germany-based company, which is primarily involved in the utilities industry. The Company operates as a provider of electricity and natural gas. The Company’s operations are divided into three segments, namely Renewables, Grid and Infrastructure and Retail. The Company operates plants for electricity generation and production from renewable energy sources.

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