Deutsche Bank AG Analysts Give RWE AG (RWE) a €22.00 Price Target
RWE AG (FRA:RWE) received a €22.00 ($25.88) target price from research analysts at Deutsche Bank AG in a note issued to investors on Friday. The firm presently has a “buy” rating on the stock.
Other analysts have also issued research reports about the company. Macquarie set a €18.00 ($21.18) price objective on RWE AG and gave the company a “buy” rating in a research note on Friday, April 21st. UBS AG set a €13.00 ($15.29) price objective on RWE AG and gave the company a “sell” rating in a research note on Monday, May 15th. DZ Bank AG restated a “neutral” rating on shares of RWE AG in a research note on Monday, May 15th. Oddo Securities set a €18.50 ($21.76) price objective on RWE AG and gave the company a “buy” rating in a research note on Tuesday, May 16th. Finally, Independent Research GmbH set a €17.50 ($20.59) price objective on RWE AG and gave the company a “neutral” rating in a research note on Tuesday, May 23rd. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and thirteen have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of €19.31 ($22.72).
Shares of RWE AG (FRA RWE) traded up 1.82% on Friday, hitting €18.37. The company had a trading volume of 20,289 shares. The firm’s market capitalization is €11.29 billion. RWE AG has a 12-month low of €11.01 and a 12-month high of €20.30. The firm has a 50 day moving average of €18.27 and a 200-day moving average of €15.73.
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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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