Innogy SE (IGY) PT Set at €34.70 by Citigroup Inc.

Citigroup Inc. set a €34.70 ($40.82) price objective on Innogy SE (ETR:IGY) in a research report released on Wednesday morning. The firm currently has a neutral rating on the stock.

Several other brokerages also recently commented on IGY. UBS AG set a €36.00 ($42.35) price objective on shares of Innogy SE and gave the company a neutral rating in a research report on Friday, July 7th. Societe Generale set a €36.70 ($43.18) target price on shares of Innogy SE and gave the stock a neutral rating in a research note on Friday, September 15th. Deutsche Bank AG set a €40.00 ($47.06) target price on shares of Innogy SE and gave the stock a buy rating in a research note on Thursday, October 5th. Sanford C. Bernstein set a €37.50 ($44.12) target price on shares of Innogy SE and gave the stock a neutral rating in a research note on Thursday, September 7th. Finally, Goldman Sachs Group, Inc. (The) set a €41.50 ($48.82) target price on shares of Innogy SE and gave the stock a buy rating in a research note on Friday, July 7th. Three research analysts have rated the stock with a sell rating, fifteen have given a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of €36.92 ($43.44).

Innogy SE (IGY) opened at €40.80 ($47.99) on Wednesday.

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About Innogy SE

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.

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