Barclays PLC set a €34.00 ($40.48) target price on Innogy SE (ETR:IGY) in a research report sent to investors on Tuesday morning. The brokerage currently has a sell rating on the stock.

Several other equities research analysts have also issued reports on IGY. UBS AG set a €34.00 ($40.48) price target on Innogy SE and gave the company a neutral rating in a report on Friday, May 12th. Kepler Capital Markets set a €35.00 ($41.67) price target on Innogy SE and gave the company a neutral rating in a report on Friday, August 11th. Commerzbank Ag set a €36.50 ($43.45) price target on Innogy SE and gave the company a neutral rating in a report on Monday, August 14th. Morgan Stanley set a €32.00 ($38.10) price target on Innogy SE and gave the company a sell rating in a report on Monday, May 15th. Finally, Independent Research GmbH set a €37.00 ($44.05) price target on Innogy SE and gave the company a neutral rating in a report on Monday, August 14th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have assigned a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of €36.62 ($43.59).

Shares of Innogy SE (ETR:IGY) opened at 36.875 on Tuesday. The firm has a market cap of €20.67 billion and a P/E ratio of 15.956. The company’s 50-day moving average is €36.39 and its 200-day moving average is €35.28. Innogy SE has a 52-week low of €30.13 and a 52-week high of €38.62.

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About Innogy SE

innogy SE operates as an energy company in Europe. It operates through three segments: Grid & Infrastructure, Retail, and Renewables. The Grid & Infrastructure segment operates electricity and gas distribution grids in Germany and Eastern Europe with a total length of approximately 570,000 km serving approximately 16.5 million grid customers.

Analyst Recommendations for Innogy SE (ETR:IGY)

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