Innogy (IGY) Given a €36.76 Price Target at Commerzbank

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Commerzbank set a €36.76 ($42.74) target price on Innogy (ETR:IGY) in a research note released on Friday morning. The firm currently has a neutral rating on the stock.

Other equities analysts have also issued reports about the company. JPMorgan Chase & Co. set a €36.76 ($42.74) price target on Innogy and gave the company a neutral rating in a research note on Friday, August 10th. DZ Bank restated a neutral rating on shares of Innogy in a research note on Friday, August 10th. Independent Research set a €38.40 ($44.65) price target on Innogy and gave the company a neutral rating in a research note on Monday, August 13th. Berenberg Bank set a €37.00 ($43.02) price target on Innogy and gave the company a neutral rating in a research note on Wednesday, July 18th. Finally, Sanford C. Bernstein set a €38.40 ($44.65) price objective on Innogy and gave the company a neutral rating in a research note on Friday, August 10th. Three equities research analysts have rated the stock with a sell rating and nineteen have assigned a hold rating to the company. The stock currently has a consensus rating of Hold and an average target price of €36.25 ($42.16).

IGY traded down €0.10 ($0.12) on Friday, hitting €39.50 ($45.93). 1,074,693 shares of the stock traded hands, compared to its average volume of 1,720,000. Innogy has a 52 week low of €29.11 ($33.85) and a 52 week 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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