RWE AG (RWE) PT Set at €18.10 by Societe Generale
RWE AG (FRA:RWE) received a €18.10 ($20.11) price target from research analysts at Societe Generale in a research report issued on Friday. The firm currently has a a “buy” rating on the stock.
Several other brokerages also recently issued reports on RWE. Commerzbank AG set a €11.00 ($12.22) price target on shares of RWE AG and gave the stock a “neutral” rating in a report on Friday, July 1st. Independent Research GmbH set a €14.50 ($16.11) price objective on shares of RWE AG and gave the stock a “neutral” rating in a research note on Friday, July 1st. Sanford C. Bernstein set a €14.00 ($15.56) price objective on shares of RWE AG and gave the stock a “neutral” rating in a research note on Friday, July 1st. JPMorgan Chase & Co. reissued a “buy” rating on shares of RWE AG in a research note on Friday, July 1st. Finally, Jefferies Group set a €13.00 ($14.44) price objective on shares of RWE AG and gave the stock a “neutral” rating in a research note on Wednesday, June 29th. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating and nine have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of €14.75 ($16.39).
RWE AG (FRA:RWE) traded down 8.10% during mid-day trading on Friday, hitting €13.38. The company’s stock had a trading volume of 40,957 shares. The firm’s market cap is €8.17 billion. The firm has a 50 day moving average of €14.80 and a 200-day moving average of €13.51. RWE AG has a 52-week low of €10.00 and a 52-week 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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