JPMorgan Chase & Co. set a €42.00 ($48.84) target price on Innogy (ETR:IGY) in a research note released on Friday, August 9th, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
IGY has been the topic of several other research reports. Sanford C. Bernstein set a €38.40 ($44.65) price target on Innogy and gave the company a neutral rating in a report on Tuesday, May 14th. HSBC set a €38.40 ($44.65) price target on Innogy and gave the company a neutral rating in a report on Friday, April 12th. Jefferies Financial Group set a €36.80 ($42.79) price target on Innogy and gave the company a neutral rating in a report on Friday, August 9th. UBS Group set a €42.00 ($48.84) price objective on Innogy and gave the company a neutral rating in a research report on Tuesday, May 14th. Finally, Royal Bank of Canada set a €40.00 ($46.51) price objective on Innogy and gave the company a neutral rating in a research report on Friday, August 9th. Five investment analysts have rated the stock with a sell rating and eleven have given a hold rating to the company. The stock has a consensus rating of Hold and an average target price of €37.05 ($43.08).
ETR:IGY opened at €43.52 ($50.60) on Friday. The business’s 50-day moving average price is €42.97 and its two-hundred day moving average price is €41.44. Innogy has a twelve month low of €37.08 ($43.12) and a twelve month high of €43.88 ($51.02). The stock has a market cap of $24.17 billion and a P/E ratio of -38.24. The company has a quick ratio of 0.94, a current ratio of 0.98 and a debt-to-equity ratio of 194.38.
innogy SE operates as an energy company in Europe. The company operates through three divisions: Renewables, Grid & Infrastructure, and Retail. The Renewables division generates electricity through onshore and offshore wind power, as well as hydroelectric power primarily in Germany, the United Kingdom, the Netherlands, Poland, Spain, and Italy.
Read More: Portfolio Manager
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.