RWE AG (FRA:RWE) has been assigned a €25.50 ($30.00) target price by stock analysts at Royal Bank Of Canada in a research report issued on Tuesday, October 3rd. The brokerage presently has a “buy” rating on the stock.
Several other brokerages have also recently commented on RWE. Credit Suisse Group set a €17.90 ($21.06) price objective on shares of RWE AG and gave the company a “neutral” rating in a research note on Tuesday, August 15th. J P Morgan Chase & Co set a €18.50 ($21.76) price objective on shares of RWE AG and gave the company a “neutral” rating in a research note on Thursday, June 8th. Deutsche Bank AG set a €22.00 ($25.88) target price on shares of RWE AG and gave the company a “buy” rating in a research report on Friday, August 4th. DZ Bank AG reiterated a “neutral” rating on shares of RWE AG in a research report on Thursday, June 8th. Finally, Sanford C. Bernstein set a €19.50 ($22.94) target price on shares of RWE AG and gave the company a “neutral” rating in a research report on Wednesday, July 19th. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of €20.98 ($24.68).
Shares of RWE AG (FRA RWE) opened at 20.96 on Tuesday. The firm’s 50-day moving average is €20.29 and its 200-day moving average is €18.21. RWE AG has a 12-month low of €11.01 and a 12-month high of €21.60. The company’s market capitalization is €12.90 billion.
About RWE AG
RWE AG is a Germany-based electricity and gas company. It diversifies its activities into seven divisions: Germany, which consists of the Power Generation and Sales and Distribution Networks business area; Netherlands/Belgium; Great Britain; The Central Eastern and South Eastern Europe; Renewables; Upstream Gas and Oil, and Trading/Gas Midstream.
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