RWE AG (RWE) Given a €26.50 Price Target at Goldman Sachs Group, Inc. (The)
RWE AG (FRA:RWE) has been given a €26.50 ($31.18) target price by Goldman Sachs Group, Inc. (The) in a research note issued to investors on Monday. The brokerage presently has a “buy” rating on the stock. Goldman Sachs Group, Inc. (The)’s price target points to a potential upside of 17.67% from the stock’s previous close.
Other equities research analysts also recently issued reports about the company. Oddo Bhf set a €23.00 ($27.06) price target on RWE AG and gave the stock a “buy” rating in a research report on Tuesday, August 15th. DZ Bank AG reaffirmed a “buy” rating on shares of RWE AG in a research report on Monday, August 14th. HSBC Holdings plc set a €22.50 ($26.47) target price on RWE AG and gave the company a “buy” rating in a research report on Thursday, July 27th. Deutsche Bank AG restated a “buy” rating and set a target price on shares of RWE AG in a research report on Friday, August 11th. Finally, Nord/LB set a €23.50 ($27.65) target price on RWE AG and gave the company a “buy” rating in a research report on Wednesday, August 16th. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have issued a buy rating to the stock. RWE AG presently has an average rating of “Hold” and a consensus price target of €21.32 ($25.08).
Shares of RWE AG (FRA:RWE) opened at €22.52 ($26.49) on Monday. RWE AG has a 12-month low of €11.01 ($12.95) and a 12-month high of €22.29 ($26.22).
RWE AG Company Profile
RWE Aktiengesellschaft, an electricity and gas company, generates, distributes, and sells electricity, as well as produces, distributes, and sells gas. It operates through Conventional Power Generation, Trading/Gas Midstream, and Innogy segments. The company operates power stations based on lignite, coal, gas, nuclear power, renewable energies, and hydro and biomass; and pumped-storage and run-of-river power plants, as well as generates heat.
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