Innogy SE (ETR:IGY) has been assigned a €39.00 ($43.33) price objective by investment analysts at HSBC in a research report issued to clients and investors on Monday. The brokerage presently has a a “neutral” rating on the stock.
A number of other research firms also recently issued reports on IGY. Macquarie set a €41.00 ($45.56) price objective on shares of Innogy SE and gave the company a “buy” rating in a report on Friday. Commerzbank AG set a €34.50 ($38.33) price objective on shares of Innogy SE and gave the company a “neutral” rating in a report on Monday.
Shares of Innogy SE (ETR:IGY) opened at 35.742 on Monday. Innogy SE has a 1-year low of €35.74 and a 1-year high of €36.34. The company has a 50 day moving average of €0.00 and a 200 day moving average of €0.00. The company has a market cap of €17.87 billion and a PE ratio of 12.165.
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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