RWE AG (FRA:RWE) received a €17.70 ($19.89) target price from Commerzbank Ag in a report released on Wednesday. The brokerage presently has a “neutral” rating on the stock.
A number of other brokerages also recently issued reports on RWE. Nord/LB set a €16.00 ($17.98) price target on shares of RWE AG and gave the stock a “buy” rating in a report on Monday, March 6th. Goldman Sachs Group Inc set a €16.00 ($17.98) price target on shares of RWE AG and gave the stock a “neutral” rating in a report on Friday, March 3rd. Citigroup Inc set a €14.00 ($15.73) price target on shares of RWE AG and gave the stock a “neutral” rating in a report on Friday, March 3rd. Macquarie set a €17.50 ($19.66) price target on shares of RWE AG and gave the stock a “buy” rating in a report on Wednesday, March 1st. Finally, S&P Global set a €15.00 ($16.85) price objective on shares of RWE AG and gave the company a “buy” rating in a report on Thursday, February 23rd. Twelve research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of €17.88 ($20.09).
Shares of RWE AG (RWE) opened at 20.015 on Wednesday. RWE AG has a 12 month low of €11.01 and a 12 month high of €20.10. The company’s market capitalization is €12.30 billion. The stock’s 50 day moving average is €16.52 and its 200 day moving average is €13.97.
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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