RWE (FRA:RWE) received a €20.50 ($24.40) price target from equities research analysts at UBS Group in a research note issued to investors on Tuesday, January 9th, www.boersen-zeitung.de reports. The firm presently has a “buy” rating on the stock. UBS Group’s price target indicates a potential upside of 14.43% from the company’s current price.
Several other research firms also recently issued reports on RWE. Deutsche Bank set a €27.00 ($32.14) price objective on RWE and gave the company a “buy” rating in a research note on Wednesday, December 6th. Goldman Sachs Group set a €27.60 ($32.86) price objective on RWE and gave the company a “buy” rating in a research note on Monday, November 20th. Societe Generale set a €22.90 ($27.26) price objective on RWE and gave the company a “buy” rating in a research note on Friday, December 8th. Royal Bank of Canada set a €25.50 ($30.36) price objective on RWE and gave the company a “buy” rating in a research note on Tuesday, October 3rd. Finally, Macquarie set a €23.00 ($27.38) price objective on RWE and gave the company a “buy” rating in a research note on Wednesday, September 13th. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eleven have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of €21.50 ($25.59).
RWE (FRA:RWE) opened at €17.92 ($21.33) on Tuesday. The company has a market cap of $10,820.00 and a PE ratio of -3.14. RWE has a fifty-two week low of €11.97 ($14.25) and a fifty-two week high of €23.28 ($27.71).
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RWE Aktiengesellschaft, an electricity and gas company, generates, distributes, and sells electricity, as well as produces, distributes, and sells gas. It operates through Conventional Power Generation, Trading/Gas Midstream, and Innogy segments. The company operates power stations based on lignite, coal, gas, nuclear power, renewable energies, and hydro and biomass; and pumped-storage and run-of-river power plants, as well as generates heat.
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