Several other research analysts have also recently weighed in on IGY. Independent Research set a €38.00 ($45.24) price objective on Innogy and gave the stock a neutral rating in a research report on Monday, September 25th. Deutsche Bank set a €40.00 ($47.62) price objective on Innogy and gave the stock a buy rating in a research report on Thursday, October 5th. Macquarie set a €42.00 ($50.00) price objective on Innogy and gave the stock a buy rating in a research report on Tuesday, October 17th. Citigroup set a €34.70 ($41.31) price objective on Innogy and gave the stock a neutral rating in a research report on Wednesday, November 1st. Finally, Goldman Sachs Group reaffirmed a buy rating on shares of Innogy in a research report on Monday, November 6th. Four analysts have rated the stock with a sell rating, eighteen have given a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of €34.80 ($41.42).
Innogy (IGY) opened at €32.52 ($38.71) on Monday. The firm has a market capitalization of $17,930.00 and a PE ratio of 15.63. Innogy has a 52-week low of €31.31 ($37.27) and a 52-week high of €42.68 ($50.81).
ILLEGAL ACTIVITY WARNING: This article was reported by BBNS and is the property of of BBNS. If you are reading this article on another domain, it was copied illegally and republished in violation of United States and international trademark and copyright law. The correct version of this article can be read at https://baseballnewssource.com/markets/innogy-igy-given-a-32-50-price-target-by-morgan-stanley-analysts/1864632.html.
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.
Receive News & Ratings for Innogy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Innogy and related companies with MarketBeat.com's FREE daily email newsletter.