Innogy (IGY) Receives Consensus Rating of “Hold” from Analysts

Shares of Innogy (ETR:IGY) have earned a consensus recommendation of “Hold” from the twenty-four analysts that are currently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a sell rating and twenty have assigned a hold rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is €35.67 ($42.46).

IGY has been the subject of several analyst reports. Morgan Stanley set a €32.50 ($38.69) price objective on shares of Innogy and gave the company a “sell” rating in a research note on Monday, January 22nd. UBS set a €35.00 ($41.67) price objective on shares of Innogy and gave the company a “neutral” rating in a research note on Monday, January 22nd. Deutsche Bank set a €36.00 ($42.86) price target on shares of Innogy and gave the stock a “neutral” rating in a research note on Wednesday, January 31st. Commerzbank set a €31.80 ($37.86) price target on shares of Innogy and gave the stock a “neutral” rating in a research note on Friday, February 16th. Finally, BNP Paribas set a €30.50 ($36.31) price target on shares of Innogy and gave the stock a “sell” rating in a research note on Tuesday, February 20th.

ETR:IGY opened at €36.10 ($42.98) on Friday. Innogy has a 52 week low of €29.11 ($34.65) and a 52 week high of €42.68 ($50.81).

Innogy Company Profile

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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