Innogy (ETR:IGY) has been given a €36.76 ($45.38) price target by JPMorgan Chase & Co. in a report issued on Wednesday. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price target indicates a potential downside of 4.57% from the company’s previous close.

Several other equities analysts also recently commented on the stock. Societe Generale set a €38.40 ($47.41) price objective on shares of Innogy and gave the company a “neutral” rating in a research note on Monday. HSBC set a €40.00 ($49.38) price objective on shares of Innogy and gave the company a “neutral” rating in a research note on Monday. Kepler Capital Markets set a €35.00 ($43.21) price objective on shares of Innogy and gave the company a “neutral” rating in a research note on Wednesday, March 14th. DZ Bank reaffirmed a “neutral” rating on shares of Innogy in a research note on Monday, March 12th. Finally, Berenberg Bank set a €32.00 ($39.51) price objective on shares of Innogy and gave the company a “neutral” rating in a research note on Monday, March 12th. Four investment analysts have rated the stock with a sell rating and twenty-two have issued a hold rating to the stock. Innogy presently has a consensus rating of “Hold” and a consensus price target of €35.18 ($43.44).

How to Become a New Pot Stock Millionaire

IGY stock opened at €38.52 ($47.56) on Wednesday. The company has a market cap of $21,380.00 and a PE ratio of 27.51. Innogy has a one year low of €29.11 ($35.94) and a one year high of €42.68 ($52.69).

ILLEGAL ACTIVITY NOTICE: This news story was reported by Watch List News and is owned by of Watch List News. If you are viewing this news story on another domain, it was copied illegally and republished in violation of international copyright and trademark legislation. The legal version of this news story can be read at https://www.watchlistnews.com/innogy-igy-pt-set-at-36-76-by-jpmorgan-chase-co/1958661.html.

Innogy Company Profile

innogy SE operates as an energy company in Europe. It primarily operates through three segments: Grid & Infrastructure, Renewables, and Retail. The Grid & Infrastructure segment operates electricity and gas distribution grids in Germany and Eastern Europe with a length of approximately 574,000 kilometers serving approximately 16 million power and 7 million gas customers.

Analyst Recommendations for Innogy (ETR:IGY)

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.