RWE AG (RWE) Given a €23.50 Price Target by Nord/LB Analysts
RWE AG (FRA:RWE) received a €23.50 ($27.65) price objective from research analysts at Nord/LB in a research report issued on Wednesday. The firm currently has a “buy” rating on the stock.
A number of other research firms also recently issued reports on RWE. Barclays PLC set a €19.10 ($22.47) price target on shares of RWE AG and gave the stock a “neutral” rating in a research note on Tuesday. S&P Global set a €22.00 ($25.88) price objective on shares of RWE AG and gave the stock a “neutral” rating in a report on Tuesday. Credit Suisse Group set a €17.90 ($21.06) price objective on shares of RWE AG and gave the stock a “neutral” rating in a report on Tuesday. Oddo Bhf set a €23.00 ($27.06) price objective on shares of RWE AG and gave the stock a “buy” rating in a report on Tuesday. Finally, Commerzbank Ag set a €17.70 ($20.82) price objective on shares of RWE AG and gave the stock a “sell” rating in a report on Tuesday. Two investment analysts have 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 stock currently has a consensus rating of “Hold” and an average price target of €19.67 ($23.14).
RWE AG (FRA RWE) opened at 20.264 on Wednesday. The company’s market capitalization is €12.46 billion. The company’s 50-day moving average price is €18.01 and its 200 day moving average price is €16.16. RWE AG has a 12 month low of €11.01 and a 12 month high of €20.32.
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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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