JPMorgan Chase & Co. Reiterates “€36.76” Price Target for Innogy (IGY)

JPMorgan Chase & Co. set a €36.76 ($42.74) price target on Innogy (ETR:IGY) in a research note released on Wednesday. The brokerage currently has a sell rating on the stock.

IGY has been the topic of several other reports. UBS Group set a €38.60 ($44.88) price target on shares of Innogy and gave the company a neutral rating in a report on Thursday, January 17th. Barclays set a €37.00 ($43.02) price target on shares of Innogy and gave the company a sell rating in a report on Monday, January 28th. DZ Bank reaffirmed a neutral rating on shares of Innogy in a report on Monday, December 17th. Independent Research set a €36.00 ($41.86) price target on shares of Innogy and gave the company a sell rating in a report on Tuesday, December 18th. Finally, Jefferies Financial Group set a €36.80 ($42.79) price target on shares of Innogy and gave the company a neutral rating in a report on Wednesday, February 6th. Six research analysts have rated the stock with a sell rating and twelve have given a hold rating to the company’s stock. The company currently has an average rating of Hold and a consensus price target of €37.06 ($43.09).

ETR:IGY opened at €41.10 ($47.79) on Wednesday. Innogy has a one year low of €29.11 ($33.85) and a one year high of €42.68 ($49.63).

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.

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Analyst Recommendations for Innogy (ETR:IGY)

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