RWE AG (RWE) Given a €19.60 Price Target by Citigroup Inc. Analysts
RWE AG (FRA:RWE) has been given a €19.60 ($23.06) price objective by research analysts at Citigroup Inc. in a research note issued to investors on Wednesday. The brokerage presently has a “neutral” rating on the stock.
Several other equities analysts also recently weighed in on the stock. Royal Bank Of Canada set a €25.50 ($30.00) target price on shares of RWE AG and gave the stock a “buy” rating in a research note on Tuesday, October 3rd. Goldman Sachs Group, Inc. (The) set a €21.10 ($24.82) target price on shares of RWE AG and gave the stock a “buy” rating in a research note on Friday, July 7th. Deutsche Bank AG set a €22.00 ($25.88) target price on shares of RWE AG and gave the stock a “buy” rating in a research note on Wednesday, August 23rd. Kepler Capital Markets set a €18.00 ($21.18) target price on shares of RWE AG and gave the stock a “sell” rating in a research note on Monday, September 4th. Finally, UBS AG set a €17.50 ($20.59) target price on shares of RWE AG and gave the stock a “neutral” rating in a research note on Friday, July 7th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have given a buy rating to the company. RWE AG has a consensus rating of “Hold” and a consensus target price of €21.20 ($24.95).
RWE AG (RWE) traded up 2.440% during mid-day trading on Wednesday, reaching €21.998. 19,488 shares of the company’s stock were exchanged. The company has a 50-day moving average of €20.42 and a 200-day moving average of €18.69. RWE AG has a 52-week low of €11.01 and a 52-week high of €22.14. The stock’s market cap is €13.54 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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