UBS Reiterates “€36.76” Price Target for Innogy (IGY)

UBS set a €36.76 ($43.76) target price on Innogy (ETR:IGY) in a research note released on Tuesday morning, www.boersen-zeitung.de reports. The firm currently has a neutral rating on the stock.

Several other equities research analysts have also recently weighed in on the company. Independent Research set a €38.40 ($45.71) price target on Innogy and gave the company a neutral rating in a research report on Tuesday. DZ Bank reiterated a neutral rating on shares of Innogy in a research report on Monday. Commerzbank set a €36.76 ($43.76) price target on Innogy and gave the company a neutral rating in a research report on Monday. JPMorgan Chase set a €36.76 ($43.76) price target on Innogy and gave the company a neutral rating in a research report on Monday. Finally, Royal Bank of Canada set a €37.00 ($44.05) price target on Innogy and gave the company a neutral rating in a research report on Monday. Four equities research analysts have rated the stock with a sell rating and twenty have given a hold rating to the company. Innogy presently has a consensus rating of Hold and a consensus target price of €35.90 ($42.74).

Shares of IGY opened at €36.20 ($43.10) on Tuesday. Innogy has a twelve month low of €29.11 ($34.65) and a twelve month high of €42.68 ($50.81).

About Innogy

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.

Analyst Recommendations for Innogy (ETR:IGY)

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