A number of other research firms have also recently commented on RWE. Deutsche Bank set a €25.00 ($29.76) target price on RWE and gave the company a buy rating in a research note on Thursday, November 9th. Goldman Sachs Group set a €26.50 ($31.55) price target on RWE and gave the company a buy rating in a report on Monday, November 6th. Societe Generale set a €21.60 ($25.71) price target on RWE and gave the company a neutral rating in a report on Monday, November 13th. Commerzbank set a €17.70 ($21.07) price target on RWE and gave the company a sell rating in a report on Tuesday, November 14th. Finally, Independent Research set a €22.50 ($26.79) price target on RWE and gave the company a neutral rating in a report on Tuesday, November 14th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and eleven have given a buy rating to the company’s stock. The company has an average rating of Hold and an average price target of €21.30 ($25.36).
RWE (FRA:RWE) opened at €16.90 ($20.12) on Monday. The company has a market capitalization of $10,270.00 and a P/E ratio of -2.96. RWE has a 52 week low of €11.97 ($14.25) and a 52 week high of €23.28 ($27.71).
RWE Company Profile
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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