Innogy SE (IGY) Target Price Issued at €35.00 by Kepler Capital Markets

Innogy SE (IGY) Target Price Issued at €35.00 by Kepler Capital Markets

Innogy SE (ETR:IGY) received a €35.00 ($38.04) price target from research analysts at Kepler Capital Markets in a research note issued on Monday. The brokerage currently has a “neutral” rating on the stock.

Other equities research analysts have also issued research reports about the company. Sanford C. Bernstein set a €38.50 ($41.85) target price on Innogy SE and gave the company a “buy” rating in a research report on Tuesday, January 10th. Deutsche Bank AG set a €37.00 ($40.22) target price on Innogy SE and gave the company a “buy” rating in a research report on Wednesday, December 14th. Berenberg Bank reiterated a “buy” rating on shares of Innogy SE in a research report on Tuesday, December 13th. Bank of America Corp set a €36.70 ($39.89) target price on Innogy SE and gave the company a “buy” rating in a research report on Friday, February 3rd. Finally, BNP Paribas set a €38.00 ($41.30) target price on Innogy SE and gave the company a “buy” rating in a research report on Tuesday, March 14th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of €35.57 ($38.66).

Innogy SE (ETR:IGY) traded up 0.30% during midday trading on Monday, hitting €35.18. 315 shares of the stock traded hands. The company’s 50 day moving average price is €34.31 and its 200 day moving average price is €33.47. Innogy SE has a 12 month low of €30.12 and a 12 month high of €38.62. The firm has a market cap of €19.54 billion and a PE ratio of 8.48.

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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