JPMorgan Chase & Co. set a €42.00 ($48.84) target price on Innogy (ETR:IGY) in a research report report published on Thursday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other research firms have also weighed in on IGY. Oddo Bhf set a €31.00 ($36.05) target price on shares of Innogy and gave the company a neutral rating in a report on Wednesday, May 15th. DZ Bank reissued a neutral rating on shares of Innogy in a report on Friday, August 9th. Barclays set a €37.00 ($43.02) target price on shares of Innogy and gave the company a sell rating in a report on Wednesday, June 19th. Kepler Capital Markets set a €29.00 ($33.72) price target on Innogy and gave the stock a sell rating in a research report on Tuesday, May 14th. Finally, Berenberg Bank set a €39.00 ($45.35) price target on Innogy and gave the stock a neutral rating in a research report on Thursday, May 16th. Five research analysts have rated the stock with a sell rating and eleven have given a hold rating to the company. The company has a consensus rating of Hold and a consensus price target of €37.05 ($43.08).
IGY stock opened at €43.56 ($50.65) on Thursday. The firm has a fifty day moving average price of €43.01 and a 200 day moving average price of €41.45. Innogy has a fifty-two week low of €37.09 ($43.13) and a fifty-two week high of €43.88 ($51.02). The company has a debt-to-equity ratio of 215.26, a quick ratio of 0.85 and a current ratio of 0.89. The firm has a market cap of $24.20 billion and a PE ratio of -29.08.
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.
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