RWE AG (RWE) Given a €18.10 Price Target by Societe Generale Analysts
RWE AG (FRA:RWE) has been assigned a €18.10 ($19.89) target price by analysts at Societe Generale in a report released on Tuesday. The brokerage presently has a a “buy” rating on the stock.
Several other equities research analysts have also recently commented on the company. Jefferies Group set a €17.00 ($18.68) price target on RWE AG and gave the stock a “buy” rating in a research note on Monday, July 11th. Morgan Stanley set a €15.00 ($16.48) price target on RWE AG and gave the stock a “neutral” rating in a research note on Wednesday, September 7th. DZ Bank AG reaffirmed a “neutral” rating on shares of RWE AG in a report on Friday, October 7th. Berenberg Bank set a €16.00 ($17.58) price objective on RWE AG and gave the stock a “neutral” rating in a report on Thursday, July 28th. Finally, BNP Paribas set a €14.00 ($15.38) price objective on RWE AG and gave the stock a “neutral” rating in a report on Tuesday, July 5th. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have issued 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 ($16.28).
Shares of RWE AG (FRA:RWE) opened at 14.216 on Tuesday. The firm’s market cap is €8.68 billion. RWE AG has a 52 week low of €10.00 and a 52 week high of €16.45. The stock’s 50 day moving average is €14.59 and its 200-day moving average is €13.66.
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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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