DZ Bank Reiterates “Neutral” Rating for Innogy (IGY)

Innogy (ETR:IGY)‘s stock had its “neutral” rating reissued by research analysts at DZ Bank in a research report issued to clients and investors on Wednesday.

Several other equities analysts have also weighed in on the company. UBS Group set a €36.76 ($42.74) price objective on Innogy and gave the company a “neutral” rating in a research note on Tuesday, November 13th. Jefferies Financial Group set a €36.80 ($42.79) target price on Innogy and gave the company a “neutral” rating in a report on Tuesday, November 13th. Royal Bank of Canada set a €38.00 ($44.19) target price on Innogy and gave the company a “neutral” rating in a report on Tuesday, November 13th. Barclays set a €37.00 ($43.02) target price on Innogy and gave the company a “sell” rating in a report on Monday, January 28th. Finally, Independent Research set a €38.40 ($44.65) target price on Innogy and gave the company a “sell” rating in a report on Thursday, November 15th. Six analysts have rated the stock with a sell rating and twelve have given a hold rating to the company’s stock. Innogy currently has a consensus rating of “Hold” and an average price target of €37.06 ($43.09).

ETR IGY opened at €40.28 ($46.84) on Wednesday. Innogy has a 1-year low of €29.11 ($33.85) and a 1-year high of €42.68 ($49.63).

About Innogy

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.

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Analyst Recommendations for Innogy (ETR:IGY)

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