RWE AG (RWE) Given a €18.20 Price Target at Jefferies Group LLC
RWE AG (FRA:RWE) has been given a €18.20 ($20.00) price objective by equities researchers at Jefferies Group LLC in a research note issued to investors on Saturday. The brokerage currently has a “buy” rating on the stock.
Other analysts have also recently issued reports about the company. Deutsche Bank AG set a €13.50 ($14.84) target price on RWE AG and gave the stock a “neutral” rating in a research note on Friday, April 21st. Macquarie set a €18.00 ($19.78) target price on RWE AG and gave the stock a “buy” rating in a research note on Friday, April 21st. Barclays PLC set a €14.10 ($15.49) target price on RWE AG and gave the stock a “neutral” rating in a research note on Monday, May 15th. DZ Bank AG reissued a “neutral” rating on shares of RWE AG in a research note on Monday, May 15th. Finally, Oddo Securities set a €18.50 ($20.33) price objective on RWE AG and gave the company a “buy” rating in a research report on Tuesday. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and thirteen have issued a buy rating to the company. RWE AG currently has an average rating of “Buy” and a consensus target price of €16.21 ($17.82).
RWE AG (FRA:RWE) traded up 5.360% on Friday, reaching €16.905. The company’s stock 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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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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