RWE AG (RWE) Given a €15.00 Price Target at HSBC
RWE AG (FRA:RWE) has been assigned a €15.00 ($16.67) target price by analysts at HSBC in a research report issued on Monday. The firm presently has a a “neutral” rating on the stock.
Several other research firms have also commented on RWE. Credit Suisse Group AG set a €10.80 ($12.00) target price on shares of RWE AG and gave the company a “neutral” rating in a report on Monday, June 13th. Berenberg Bank set a €10.50 ($11.67) target price on shares of RWE AG and gave the company a “sell” rating in a report on Tuesday, June 14th. Morgan Stanley set a €15.00 ($16.67) target price on shares of RWE AG and gave the company a “neutral” rating in a report on Tuesday, June 14th. Barclays PLC set a €12.40 ($13.78) target price on shares of RWE AG and gave the company a “neutral” rating in a report on Thursday, June 23rd. Finally, Sanford C. Bernstein set a €12.30 ($13.67) target price on shares of RWE AG and gave the company a “neutral” rating in a report on Friday, June 24th. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of €14.81 ($16.46).
Shares of RWE AG (FRA:RWE) opened at 13.125 on Monday. The company’s market capitalization is €8.01 billion. RWE AG has a 1-year low of €10.00 and a 1-year high of €16.45. The firm has a 50-day moving average of €14.76 and a 200 day moving average of €13.51.
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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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