Kepler Capital Markets set a €29.00 ($33.72) price target on Innogy (ETR:IGY) in a research report released on Tuesday, Borsen Zeitung reports. The firm currently has a sell rating on the stock.
Several other research firms also recently commented on IGY. Royal Bank of Canada set a €40.00 ($46.51) price objective on Innogy and gave the stock a neutral rating in a report on Friday, April 26th. Credit Suisse Group set a €39.00 ($45.35) price objective on Innogy and gave the stock a sell rating in a report on Monday, February 4th. Jefferies Financial Group set a €36.80 ($42.79) price objective on Innogy and gave the stock a neutral rating in a report on Wednesday, February 6th. Barclays set a €37.00 ($43.02) price objective on Innogy and gave the stock a sell rating in a report on Monday, January 28th. Finally, UBS Group set a €38.60 ($44.88) price objective on Innogy and gave the stock a neutral rating in a report on Thursday, January 17th. Six equities research analysts have rated the stock with a sell rating and eleven have given a hold rating to the stock. Innogy currently has an average rating of Hold and an average price target of €36.66 ($42.63).
IGY opened at €40.37 ($46.94) on Tuesday. The firm has a market cap of $22.42 billion and a price-to-earnings ratio of -34.36. Innogy has a 52 week low of €35.70 ($41.51) and a 52 week high of €41.80 ($48.60). The company has a current ratio of 0.84, a quick ratio of 0.62 and a debt-to-equity ratio of 188.67.
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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