Goldman Sachs Group Inc set a €16.50 ($17.74) target price on RWE AG (FRA:RWE) in a report issued on Wednesday. The firm currently has a neutral rating on the stock.

A number of other research analysts have also issued reports on the company. DZ Bank AG reaffirmed a buy rating on shares of RWE AG in a report on Tuesday, March 14th. S&P Global set a €17.00 ($18.28) target price on RWE AG and gave the stock a buy rating in a report on Tuesday, March 14th. Nord/LB set a €17.00 ($18.28) price target on RWE AG and gave the stock a buy rating in a research note on Tuesday, March 14th. Barclays PLC set a €13.10 ($14.09) price target on RWE AG and gave the stock a neutral rating in a research note on Tuesday, March 14th. Finally, Independent Research GmbH set a €15.70 ($16.88) price target on RWE AG and gave the stock a neutral rating in a research note on Tuesday, March 14th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and thirteen have assigned a buy rating to the stock. The company has a consensus rating of Hold and a consensus target price of €15.17 ($16.31).

RWE AG (FRA:RWE) opened at 14.656 on Wednesday. The company has a 50-day moving average of €13.38 and a 200 day moving average of €13.17. The stock’s market cap is €6.51 billion. RWE AG has a 12-month low of €10.55 and a 12-month 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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