Independent Research set a €34.00 ($39.53) target price on Innogy (ETR:IGY) in a research note published on Thursday morning. The firm currently has a sell rating on the stock.

A number of other equities analysts have also recently issued reports on the company. Credit Suisse Group set a €39.00 ($45.35) target price on Innogy and gave the stock a sell rating in a report on Monday, February 4th. Kepler Capital Markets set a €35.00 ($40.70) target price on Innogy and gave the stock a sell rating in a report on Wednesday, March 13th. UBS Group set a €36.76 ($42.74) target price on Innogy and gave the stock a neutral rating in a report on Friday, November 30th. Jefferies Financial Group set a €36.80 ($42.79) target price on Innogy and gave the stock a neutral rating in a report on Wednesday, February 6th. Finally, Sanford C. Bernstein set a €38.40 ($44.65) target price on Innogy and gave the stock a neutral rating in a report on Monday, December 17th. Six research analysts have rated the stock with a sell rating and twelve have given a hold rating to the company. The stock currently has an average rating of Hold and an average price target of €37.06 ($43.09).

Shares of IGY stock opened at €41.10 ($47.79) on Thursday. The company has a debt-to-equity ratio of 188.67, a current ratio of 0.84 and a quick ratio of 0.62. The stock has a market capitalization of $22.83 billion and a P/E ratio of -34.98. Innogy has a 12 month low of €35.70 ($41.51) and a 12 month high of €41.58 ($48.35).

About Innogy

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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Analyst Recommendations for Innogy (ETR:IGY)

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