Several other analysts have also commented on IGY. Citigroup set a €34.70 ($42.84) price target on shares of Innogy and gave the company a neutral rating in a research report on Wednesday, November 1st. Goldman Sachs Group reiterated a buy rating on shares of Innogy in a research report on Monday, November 6th. JPMorgan Chase & Co. set a €38.00 ($46.91) price target on shares of Innogy and gave the company a neutral rating in a research report on Wednesday, November 8th. Barclays set a €34.00 ($41.98) price target on shares of Innogy and gave the company a sell rating in a research report on Wednesday, November 8th. Finally, Deutsche Bank set a €40.00 ($49.38) price target on shares of Innogy and gave the company a buy rating in a research report on Wednesday, November 8th. Six analysts have rated the stock with a sell rating, nineteen have issued a hold rating and one has given a buy rating to the company. The stock has an average rating of Hold and a consensus target price of €34.08 ($42.08).
Innogy (ETR IGY) remained flat at $€38.89 ($48.01) during mid-day trading on Tuesday. 1,950,000 shares of the company traded hands, compared to its average volume of 1,650,000. The firm has a market capitalization of $21,610.00 and a price-to-earnings ratio of 27.78. Innogy has a 1-year low of €29.11 ($35.94) and a 1-year high of €42.68 ($52.69).
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Innogy Company Profile
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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