Several other equities research analysts also recently issued reports on the company. Goldman Sachs Group Inc set a €16.50 ($17.93) price target on RWE AG and gave the company a neutral rating in a research report on Monday. Commerzbank Ag set a €15.00 ($16.30) price target on RWE AG and gave the company a neutral rating in a research report on Friday. Kepler Capital Markets set a €16.00 ($17.39) price target on RWE AG and gave the company a buy rating in a research report on Friday. Societe Generale set a €18.40 ($20.00) price target on RWE AG and gave the company a buy rating in a research report on Thursday, March 23rd. Finally, Morgan Stanley set a €15.50 ($16.85) price target on RWE AG and gave the company a buy rating in a research report on Tuesday, March 21st. One analyst has rated the stock with a sell rating, nine have given a hold rating and thirteen have assigned a buy rating to the stock. The stock has a consensus rating of Buy and a consensus price target of €15.53 ($16.88).
Shares of RWE AG (FRA:RWE) opened at 14.63 on Monday. The firm’s market capitalization is €8.99 billion. The stock’s 50 day moving average price is €13.73 and its 200-day moving average price is €13.17. RWE AG has a 12 month low of €10.65 and a 12 month high of €16.45.
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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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