Commerzbank AG Analysts Give Innogy SE (IGY) a €34.50 Price Target

Innogy SE (ETR:IGY) received a €34.50 ($38.33) price target from stock analysts at Commerzbank AG in a report issued on Monday. The brokerage presently has a a “neutral” rating on the stock.

Separately, Macquarie set a €41.00 ($45.56) price objective on shares of Innogy SE and gave the stock a “buy” rating in a report on Friday.

Shares of Innogy SE (ETR:IGY) opened at 35.847 on Monday. The company’s 50-day moving average is €0.00 and its 200 day moving average is €0.00. The firm has a market capitalization of €17.92 billion and a price-to-earnings ratio of 12.201. Innogy SE has a 1-year low of €35.78 and a 1-year high of €36.34.

Innogy SE Company Profile

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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