BNP Paribas Analysts Give RWE AG (RWE) a €19.40 Price Target
RWE AG (FRA:RWE) has been given a €19.40 ($23.10) price objective by investment analysts at BNP Paribas in a research report issued on Tuesday. The firm currently has a “sell” rating on the stock.
RWE has been the topic of a number of other research reports. Goldman Sachs Group, Inc. (The) set a €16.50 ($19.64) price target on shares of RWE AG and gave the company a “neutral” rating in a report on Monday, May 22nd. HSBC Holdings plc set a €17.20 ($20.48) price target on shares of RWE AG and gave the company a “neutral” rating in a report on Monday, May 22nd. Barclays PLC set a €14.10 ($16.79) price target on shares of RWE AG and gave the company a “neutral” rating in a report on Monday, May 22nd. Independent Research GmbH set a €17.50 ($20.83) price target on shares of RWE AG and gave the company a “neutral” rating in a report on Tuesday, May 23rd. Finally, Nord/LB set a €21.00 ($25.00) price target on shares of RWE AG and gave the company a “buy” rating in a report on Tuesday, May 23rd. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have assigned a buy rating to the stock. RWE AG presently has an average rating of “Hold” and an average price target of €20.98 ($24.98).
Shares of RWE AG (FRA RWE) traded up 0.069% on Tuesday, reaching €20.246. 6,273 shares of the company’s stock were exchanged. The stock’s 50-day moving average price is €20.03 and its 200-day moving average price is €17.51. The company’s market capitalization is €12.46 billion. RWE AG has a 1-year low of €11.01 and a 1-year high of €21.60.
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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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