RWE AG (RWE) Given a €18.00 Price Target at Kepler Capital Markets
RWE AG (FRA:RWE) has been assigned a €18.00 ($21.43) price objective by Kepler Capital Markets in a research note issued on Tuesday. The firm presently has a “sell” rating on the stock.
Other analysts have also recently issued reports about the company. Royal Bank of Canada set a €20.00 ($23.81) price objective on RWE AG and gave the stock a “buy” rating in a report on Monday, May 29th. Nord/LB set a €21.00 ($25.00) price target on RWE AG and gave the company a “buy” rating in a report on Monday, May 29th. Berenberg Bank restated a “buy” rating on shares of RWE AG in a report on Wednesday, June 7th. Deutsche Bank AG set a €22.00 ($26.19) price target on RWE AG and gave the company a “buy” rating in a report on Thursday, June 8th. Finally, Societe Generale set a €22.40 ($26.67) price target on RWE AG and gave the company a “buy” rating in a report on Thursday, June 8th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of €20.98 ($24.98).
Shares of RWE AG (FRA:RWE) traded down 0.31% on Tuesday, reaching €20.16. 19,407 shares of the company’s stock were exchanged. RWE AG has a one year low of €11.01 and a one year high of €21.60. The company has a 50 day moving average price of €20.03 and a 200 day moving average price of €17.51. The firm’s market cap is €12.41 billion.
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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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