RWE AG (FRA:RWE) has been assigned a €19.00 ($21.11) price target by equities research analysts at Nord/LB in a research note issued on Tuesday. The brokerage currently has a a “buy” rating on the stock.
Other equities research analysts have also issued research reports about the stock. Bank of America Corp. set a €14.80 ($16.44) target price on shares of RWE AG and gave the company a “buy” rating in a research note on Friday, June 3rd. Societe Generale set a €20.00 ($22.22) target price on shares of RWE AG and gave the company a “buy” rating in a research note on Tuesday, June 28th. JPMorgan Chase & Co. reissued a “buy” rating on shares of RWE AG in a research note on Friday, July 1st. Jefferies Group set a €17.00 ($18.89) price objective on shares of RWE AG and gave the stock a “buy” rating in a research note on Monday, July 11th. Finally, S&P Global Inc. set a €17.00 ($18.89) price objective on shares of RWE AG and gave the stock a “buy” rating in a research note on Friday, August 12th. Four research analysts have rated the stock with a sell rating, eleven have issued a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of €14.83 ($16.48).
Shares of RWE AG (FRA:RWE) opened at 14.847 on Tuesday. The stock’s market cap is €9.07 billion. RWE AG has a 1-year low of €9.70 and a 1-year high of €16.45. The firm has a 50-day moving average of €14.85 and a 200 day moving average of €13.35.
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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