Other equities analysts also recently issued research reports about the company. JPMorgan Chase & Co. set a €38.00 ($45.24) price target on Innogy and gave the stock a neutral rating in a research report on Thursday, September 14th. Macquarie set a €42.00 ($50.00) price target on Innogy and gave the stock a buy rating in a research report on Tuesday, October 17th. Societe Generale set a €36.70 ($43.69) price target on Innogy and gave the stock a neutral rating in a research report on Friday, September 15th. Sanford C. Bernstein set a €37.50 ($44.64) price target on Innogy and gave the stock a neutral rating in a research report on Thursday, September 7th. Finally, Deutsche Bank set a €40.00 ($47.62) price target on Innogy and gave the stock a buy rating in a research report on Thursday, September 7th. Three research analysts have rated the stock with a sell rating, eighteen have given a hold rating and three have issued a buy rating to the company. The company has an average rating of Hold and an average target price of €36.05 ($42.92).
Innogy (ETR:IGY) opened at €32.55 ($38.75) on Thursday. Innogy has a 12-month low of €30.82 ($36.69) and a 12-month high of €42.68 ($50.81). The firm has a market capitalization of $18,080.00 and a P/E ratio of 15.65.
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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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