RWE AG (RWE) PT Set at €23.50 by Nord/LB
RWE AG (FRA:RWE) received a €23.50 ($27.65) target price from equities researchers at Nord/LB in a report issued on Monday. The brokerage currently has a “buy” rating on the stock.
Other equities research analysts have also recently issued research reports about the stock. Deutsche Bank AG set a €22.00 ($25.88) target price on shares of RWE AG and gave the company a “buy” rating in a research report on Friday, July 7th. Goldman Sachs Group, Inc. (The) set a €21.10 ($24.82) target price on shares of RWE AG and gave the company a “buy” rating in a research report on Friday, July 7th. DZ Bank AG reissued a “buy” rating on shares of RWE AG in a research report on Friday, June 30th. HSBC Holdings plc set a €22.50 ($26.47) target price on shares of RWE AG and gave the company a “buy” rating in a research report on Thursday, July 27th. Finally, Oddo Bhf set a €23.00 ($27.06) price target on shares of RWE AG and gave the stock a “buy” rating in a report on Tuesday, August 15th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have given a buy rating to the company. RWE AG presently has an average rating of “Hold” and a consensus target price of €20.98 ($24.68).
Shares of RWE AG (RWE) traded up 0.033% during trading on Monday, reaching €21.421. 12,154 shares of the company were exchanged. RWE AG has a 1-year low of €11.01 and a 1-year high of €21.61. The company’s 50-day moving average is €20.38 and its 200 day moving average is €18.36. The firm’s market capitalization is €13.18 billion.
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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