RWE AG (FRA:RWE) has been assigned a €12.00 ($13.33) target price by stock analysts at Commerzbank AG in a research report issued to clients and investors on Friday. The brokerage presently has a a “sell” rating on the stock.
RWE has been the subject of several other reports. DZ Bank AG reissued a “neutral” rating on shares of RWE AG in a report on Monday, September 26th. Societe Generale set a €20.00 ($22.22) target price on RWE AG and gave the company a “buy” rating in a report on Wednesday, August 3rd. Barclays PLC set a €12.20 ($13.56) target price on RWE AG and gave the company a “neutral” rating in a report on Thursday, September 1st. BNP Paribas set a €14.00 ($15.56) target price on RWE AG and gave the company a “neutral” rating in a report on Tuesday, July 5th. Finally, Jefferies Group set a €17.00 ($18.89) target price on RWE AG and gave the company a “buy” rating in a report on Monday, July 11th. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of €14.81 ($16.46).
Shares of RWE AG (FRA:RWE) opened at 13.363 on Friday. The firm has a 50-day moving average price of €14.73 and a 200 day moving average price of €13.57. RWE AG has a one year low of €10.00 and a one year high of €16.45. The firm’s market capitalization is €8.16 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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