Innogy SE (IGY) PT Set at €36.50 by Commerzbank Ag

Innogy SE (ETR:IGY) has been assigned a €36.50 ($42.44) price target by equities research analysts at Commerzbank Ag in a report issued on Monday. The firm presently has a “neutral” rating on the stock. Commerzbank Ag’s price target would suggest a potential downside of 9.72% from the company’s previous close.

Other equities analysts have also recently issued research reports about the company. Barclays PLC set a €33.00 ($38.37) price target on Innogy SE and gave the stock a “sell” rating in a research note on Monday, August 14th. Kepler Capital Markets set a €35.00 ($40.70) price target on Innogy SE and gave the stock a “neutral” rating in a research note on Friday, August 11th. Goldman Sachs Group, Inc. (The) set a €41.50 ($48.26) price target on Innogy SE and gave the stock a “buy” rating in a research note on Thursday, July 20th. Morgan Stanley set a €32.00 ($37.21) price target on Innogy SE and gave the stock a “sell” rating in a research note on Monday, July 24th. Finally, set a €36.00 ($41.86) price target on Innogy SE and gave the stock a “neutral” rating in a research note on Thursday, July 27th. Three research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of €37.30 ($43.37).

Innogy SE (ETR IGY) opened at €40.43 ($47.01) on Monday. Innogy SE has a 12 month low of €30.12 ($35.02) and a 12 month high of €42.46 ($49.37).

ILLEGAL ACTIVITY NOTICE: This report was originally posted by Week Herald and is owned by of Week Herald. If you are accessing this report on another website, it was illegally copied and reposted in violation of United States & international copyright and trademark law. The legal version of this report can be read at https://weekherald.com/2017/11/15/innogy-se-igy-pt-set-at-36-50-by-commerzbank-ag.html.

About Innogy SE

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.

Analyst Recommendations for Innogy SE (ETR:IGY)

Receive News & Ratings for Innogy SE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Innogy SE and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply