Sanford C. Bernstein Analysts Give RWE AG (RWE) a €17.60 Price Target

RWE AG (FRA:RWE) received a €17.60 ($19.78) target price from equities researchers at Sanford C. Bernstein in a research report issued to clients and investors on Tuesday. The brokerage currently has a “neutral” rating on the stock.

A number of other research firms have also recently issued reports on RWE. Nord/LB set a €16.00 ($17.98) price objective on RWE AG and gave the company a “buy” rating in a research report on Monday, March 6th. Goldman Sachs Group Inc set a €16.00 ($17.98) price objective on RWE AG and gave the company a “neutral” rating in a research report on Friday, March 3rd. Citigroup Inc set a €14.00 ($15.73) price objective on RWE AG and gave the company a “neutral” rating in a research report on Friday, March 3rd. Macquarie set a €17.50 ($19.66) price objective on RWE AG and gave the company a “buy” rating in a research report on Wednesday, March 1st. Finally, S&P Global set a €15.00 ($16.85) price objective on RWE AG and gave the company a “buy” rating in a research report on Thursday, February 23rd. Twelve investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of €16.77 ($18.84).

Analyst Recommendations for RWE AG (FRA:RWE)

RWE AG (FRA RWE) opened at 18.11 on Tuesday. The firm’s market capitalization is €11.13 billion. The stock’s 50 day moving average price is €16.23 and its 200-day moving average price is €13.82. RWE AG has a one year low of €11.01 and a one year high of €18.40.

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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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