RWE AG (RWE) Given a €18.50 Price Target at S&P Global
RWE AG (FRA:RWE) has been assigned a €18.50 ($20.33) target price by equities researchers at S&P Global in a note issued to investors on Saturday. The firm currently has a “buy” rating on the stock.
RWE has been the topic of several other reports. Bank of America Corp set a €16.00 ($17.58) price objective on RWE AG and gave the company a “buy” rating in a research note on Friday, February 3rd. DZ Bank AG restated a “buy” rating on shares of RWE AG in a research note on Wednesday, February 22nd. Deutsche Bank AG set a €13.50 ($14.84) price objective on RWE AG and gave the company a “neutral” rating in a research note on Friday, March 10th. Jefferies Group LLC set a €16.00 ($17.58) price objective on RWE AG and gave the company a “buy” rating in a research note on Monday, January 30th. Finally, Goldman Sachs Group Inc set a €16.50 ($18.13) price objective on RWE AG and gave the company a “neutral” rating in a research note on Monday, March 27th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and thirteen have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of €16.21 ($17.82).
RWE AG (FRA:RWE) traded up 5.360% during mid-day trading on Friday, reaching €16.905. 38,485 shares of the company’s stock traded hands. RWE AG has a 12 month low of €11.01 and a 12 month high of €17.04. The company has a 50 day moving average price of €15.58 and a 200-day moving average price of €13.48. The stock’s market cap is €10.39 billion.
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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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