RWE AG (RWE) Given a €22.00 Price Target at Deutsche Bank AG
RWE AG (FRA:RWE) has been given a €22.00 ($25.88) price target by Deutsche Bank AG in a report issued on Wednesday. The brokerage currently has a “buy” rating on the stock.
Several other analysts have also recently weighed in on the company. Royal Bank Of Canada set a €25.50 ($30.00) price objective on RWE AG and gave the stock a “buy” rating in a report on Wednesday. Kepler Capital Markets set a €18.00 ($21.18) price objective on RWE AG and gave the stock a “sell” rating in a report on Monday. Goldman Sachs Group, Inc. (The) set a €23.70 ($27.88) price objective on RWE AG and gave the stock a “buy” rating in a report on Monday. Morgan Stanley set a €21.20 ($24.94) price objective on RWE AG and gave the stock a “neutral” rating in a report on Thursday, August 17th. Finally, Nord/LB set a €23.50 ($27.65) price objective on RWE AG and gave the stock a “buy” rating in a report on Wednesday, August 16th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have assigned a buy rating to the stock. RWE AG has an average rating of “Hold” and a consensus price target of €20.02 ($23.56).
RWE AG (RWE) opened at 20.787 on Wednesday. The firm’s 50-day moving average is €18.35 and its 200-day moving average is €16.44. The firm’s market cap is €12.79 billion. RWE AG has a 12 month low of €11.01 and a 12 month high of €20.85.
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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