RWE (RWE) Given a €23.40 Price Target at Goldman Sachs Group

RWE (FRA:RWE) received a €23.40 ($27.86) price objective from investment analysts at Goldman Sachs Group in a report issued on Monday. The brokerage currently has a “buy” rating on the stock. Goldman Sachs Group’s price target suggests a potential upside of 32.13% from the stock’s current price.

RWE has been the topic of several other reports. Independent Research set a €20.50 ($24.40) price objective on shares of RWE and gave the company a “neutral” rating in a research note on Thursday, September 28th. Nord/LB set a €23.50 ($27.98) price objective on shares of RWE and gave the company a “buy” rating in a research note on Wednesday, November 15th. S&P Global set a €22.00 ($26.19) price objective on shares of RWE and gave the company a “neutral” rating in a research note on Thursday, November 16th. DZ Bank set a €21.00 ($25.00) price objective on shares of RWE and gave the company a “neutral” rating in a research note on Tuesday, November 14th. Finally, Royal Bank of Canada set a €25.50 ($30.36) price objective on shares of RWE and gave the company a “buy” rating in a research note on Tuesday, October 3rd. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating and eleven have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of €21.50 ($25.59).

RWE (FRA:RWE) opened at €17.71 ($21.08) on Monday. The company has a market cap of $10,830.00 and a price-to-earnings ratio of -3.11. RWE has a 1-year low of €11.97 ($14.25) and a 1-year high of €23.28 ($27.71).

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About RWE

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.

Analyst Recommendations for RWE (FRA:RWE)

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