RWE AG (RWE) Given a €15.00 Price Target at HSBC
RWE AG (FRA:RWE) has been given a €15.00 ($16.67) target price by research analysts at HSBC in a report issued on Monday. The firm presently has a a “neutral” rating on the stock.
A number of other research analysts have also commented on RWE. Kepler Capital Markets set a €10.00 ($11.11) price objective on RWE AG and gave the company a “sell” rating in a report on Thursday, August 11th. Nord/LB set a €19.00 ($21.11) target price on RWE AG and gave the stock a “buy” rating in a report on Tuesday, September 13th. JPMorgan Chase & Co. set a €14.00 ($15.56) target price on RWE AG and gave the stock a “buy” rating in a report on Friday, August 12th. Berenberg Bank set a €10.50 ($11.67) target price on RWE AG and gave the stock a “sell” rating in a report on Tuesday, June 14th. Finally, Commerzbank AG set a €12.00 ($13.33) target price on RWE AG and gave the stock a “sell” rating in a report on Friday, September 23rd. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have issued a buy rating to the stock. RWE AG presently has an average 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. The firm’s 50-day moving average price is €14.76 and its 200 day moving average price is €13.51. RWE AG has a one year low of €10.00 and a one year high of €16.45.
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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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