RWE AG Price Target Raised to €20.00 at Macquarie (RWE)
Analysts at Macquarie hoisted their target price on shares of RWE AG (FRA:RWE) from €19.00 ($25.68) to €20.00 ($27.03) in a research report issued to clients and investors on Thursday, StockRatingsNetwork.com reports. The firm currently has an “underperform” rating on the stock.
Shares of RWE AG (FRA:RWE) traded down 0.08% during mid-day trading on Thursday, hitting €25.062. 3,269 shares of the company’s stock traded hands. RWE AG has a 1-year low of €20.48 and a 1-year high of €36.036. The stock has a 50-day moving average of €22.17 and a 200-day moving average of €25.54.
RWE has been the subject of a number of other recent research reports. Analysts at Equinet Institutional Services cut their price target on shares of RWE AG (FRA:RWE) from €35.00 ($47.30) to €25.00 ($33.78) in a research note to investors on Friday, September 27th. They now have a “hold” rating on the stock. Analysts at AlphaValue reiterated a “buy” rating on shares of RWE AG (FRA:RWE) in a research note to investors on Thursday, July 11th. They now have a €35.00 ($47.30) price target on the stock. Seven analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of €27.55 ($37.23).
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.