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Innogy (IGY) Given a €36.80 Price Target by Jefferies Financial Group Analysts

Innogy (IGY) Given a €36.80 Price Target by Jefferies Financial Group Analysts Posted by Stephan Byrd on Mar 29th, 2019 Tweet

Innogy (ETR:IGY) has been given a €36.80 ($42.79) target price by analysts at Jefferies Financial Group in a report issued on Wednesday. The firm currently has a “neutral” rating on the stock. Jefferies Financial Group’s price objective points to a potential downside of 10.35% from the company’s current price.

IGY has been the subject of a number of other reports. JPMorgan Chase & Co. set a €36.76 ($42.74) price target on Innogy and gave the stock a “neutral” rating in a report on Monday, December 17th. Independent Research set a €34.00 ($39.53) price target on Innogy and gave the stock a “sell” rating in a report on Thursday, March 14th. Credit Suisse Group set a €39.00 ($45.35) price target on Innogy and gave the stock a “sell” rating in a report on Friday, February 15th. UBS Group set a €38.60 ($44.88) price target on Innogy and gave the stock a “neutral” rating in a report on Wednesday, March 13th. Finally, Kepler Capital Markets set a €29.00 ($33.72) price target on Innogy and gave the stock a “sell” rating in a report on Friday, March 22nd. Six equities research analysts have rated the stock with a sell rating and ten have issued a hold rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of €36.47 ($42.41). Get Innogy alerts:

ETR IGY opened at €41.05 ($47.73) on Wednesday. The company has a debt-to-equity ratio of 188.67, a current ratio of 0.84 and a quick ratio of 0.62. Innogy has a twelve month low of €35.70 ($41.51) and a twelve month high of €41.58 ($48.35). The firm has a market capitalization of $22.80 billion and a P/E ratio of -34.94. Innogy Company Profile

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.