Several other research firms have also issued reports on RWE. Sanford C. Bernstein set a €12.00 ($13.33) target price on shares of RWE AG and gave the stock a neutral rating in a report on Tuesday, May 31st. JPMorgan Chase & Co. set a €14.00 ($15.56) target price on shares of RWE AG and gave the stock a buy rating in a report on Friday, August 12th. Kepler Capital Markets set a €10.00 ($11.11) target price on shares of RWE AG and gave the stock a sell rating in a report on Friday, July 1st. Berenberg Bank set a €10.50 ($11.67) target price on shares of RWE AG and gave the stock a sell rating in a report on Wednesday, July 20th. Finally, Independent Research GmbH set a €14.50 ($16.11) target price on shares of RWE AG and gave the stock a neutral rating in a report on Friday, July 1st. Four analysts have rated the stock with a sell rating, eleven have issued a hold rating and nine have issued a buy rating to the stock. RWE AG currently has an average rating of Hold and an average price target of €14.83 ($16.48).
RWE AG (FRA:RWE) opened at 14.639 on Friday. The stock’s market capitalization is €8.94 billion. RWE AG has a 1-year low of €9.70 and a 1-year high of €16.45. The firm’s 50 day moving average is €14.87 and its 200 day moving average is €13.32.
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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