innogy (IGY) Given a €36.00 Price Target at Deutsche Bank

Deutsche Bank set a €36.00 ($42.86) target price on innogy (ETR:IGY) in a research note issued to investors on Friday morning. The firm currently has a buy rating on the stock.

Other equities research analysts have also recently issued reports about the stock. Goldman Sachs Group set a €42.00 ($50.00) price target on shares of innogy and gave the company a buy rating in a research report on Monday, August 21st. Barclays set a €34.00 ($40.48) price target on shares of innogy and gave the company a sell rating in a research report on Wednesday, November 8th. Berenberg Bank set a €38.50 ($45.83) price target on shares of innogy and gave the company a neutral rating in a research report on Monday, September 4th. Citigroup reissued a neutral rating on shares of innogy in a research report on Friday, November 10th. Finally, BNP Paribas set a €37.70 ($44.88) price target on shares of innogy and gave the company a neutral rating in a research report on Monday, September 11th. Three equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of €36.52 ($43.48).

Shares of innogy (ETR:IGY) traded up €0.02 ($0.02) during mid-day trading on Friday, hitting €32.22 ($38.35). 1,991,878 shares of the company were exchanged, compared to its average volume of 483,092. 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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