RWE AG (RWE) Given a €18.00 Price Target by Morgan Stanley Analysts
RWE AG (FRA:RWE) has been assigned a €18.00 ($19.78) price target by analysts at Morgan Stanley in a research report issued to clients and investors on Friday. The brokerage currently has a “buy” rating on the stock.
RWE has been the subject of a number of other research reports. Barclays PLC set a €14.10 ($15.49) target price on RWE AG and gave the stock a “neutral” rating in a report on Monday. Nord/LB set a €17.00 ($18.68) price target on RWE AG and gave the company a “buy” rating in a research note on Tuesday, March 14th. Jefferies Group LLC set a €18.00 ($19.78) price target on RWE AG and gave the company a “buy” rating in a research note on Monday, April 24th. Macquarie set a €17.50 ($19.23) price target on RWE AG and gave the company a “buy” rating in a research note on Wednesday, March 1st. Finally, Commerzbank Ag set a €15.00 ($16.48) price target on RWE AG and gave the company a “neutral” rating in a research note on Friday, March 24th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and thirteen have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of €16.14 ($17.74).
Shares of RWE AG (FRA:RWE) traded up 5.360% during mid-day trading on Friday, reaching €16.905. The company had a trading volume of 38,485 shares. The company’s market cap is €10.39 billion. The firm’s 50-day moving average price is €15.58 and its 200 day moving average price is €13.48. RWE AG has a 52-week low of €11.01 and a 52-week high of €17.04.
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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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