RWE AG (RWE) PT Set at €16.50 by Goldman Sachs Group Inc

Goldman Sachs Group Inc set a €16.50 ($17.74) price objective on RWE AG (FRA:RWE) in a report published on Wednesday. The firm currently has a neutral rating on the stock.

Other equities analysts have also issued research reports about the company. Barclays PLC set a €11.40 ($12.26) price target on RWE AG and gave the company a sell rating in a research note on Tuesday, December 13th. HSBC Holdings plc set a €10.50 ($11.29) price target on RWE AG and gave the company a sell rating in a research note on Monday, November 28th. Nord/LB set a €16.00 ($17.20) price target on RWE AG and gave the company a buy rating in a research note on Monday, March 6th. Independent Research GmbH set a €15.70 ($16.88) price target on RWE AG and gave the company a neutral rating in a research note on Tuesday, March 14th. Finally, Morgan Stanley set a €14.60 ($15.70) price target on RWE AG and gave the company a neutral rating in a research note on Tuesday, November 15th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have given a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of €15.17 ($16.31).

Shares of RWE AG (FRA:RWE) opened at 14.656 on Wednesday. The firm’s market capitalization is €6.51 billion. The stock’s 50 day moving average price is €13.38 and its 200 day moving average price is €13.17. RWE AG has a one year low of €10.55 and a one year high of €16.45.

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RWE AG Company Profile

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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