Innogy (IGY) Given a €38.40 Price Target at HSBC

Share on StockTwits

HSBC set a €38.40 ($44.65) price objective on Innogy (ETR:IGY) in a research note issued to investors on Thursday morning. The brokerage currently has a neutral rating on the stock.

Other analysts also recently issued reports about the company. Commerzbank set a €36.76 ($42.74) target price on Innogy and gave the stock a neutral rating in a research report on Monday, May 14th. JPMorgan Chase & Co. set a €36.76 ($42.74) price target on Innogy and gave the stock a neutral rating in a report on Monday, May 14th. DZ Bank reaffirmed a neutral rating on shares of Innogy in a report on Friday, August 10th. UBS Group set a €36.76 ($42.74) price target on Innogy and gave the stock a neutral rating in a report on Wednesday, June 27th. Finally, Sanford C. Bernstein set a €38.40 ($44.65) price target on Innogy and gave the stock a neutral rating in a report on Monday, June 18th. Four analysts have rated the stock with a sell rating and nineteen have assigned a hold rating to the stock. Innogy currently has a consensus rating of Hold and an average target price of €35.68 ($41.48).

ETR:IGY opened at €37.69 ($43.83) on Thursday. Innogy has a 1 year low of €29.11 ($33.85) and a 1 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.

Read More: Price to Earnings Ratio (PE)

Analyst Recommendations for Innogy (ETR:IGY)

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.

Leave a Reply