RWE AG (RWE) Given a €24.80 Price Target at UBS AG
RWE AG (FRA:RWE) received a €24.80 ($29.18) target price from UBS AG in a report issued on Wednesday, www.boersen-zeitung.de reports. The brokerage presently has a “buy” rating on the stock. UBS AG’s price target indicates a potential upside of 23.02% from the stock’s previous close.
RWE has been the topic of several other reports. Goldman Sachs Group, Inc. (The) set a €27.60 ($32.47) price target on RWE AG and gave the company a “buy” rating in a research report on Monday. Royal Bank Of Canada set a €25.50 ($30.00) price target on RWE AG and gave the company a “buy” rating in a research report on Tuesday, October 3rd. Independent Research GmbH set a €22.50 ($26.47) price target on RWE AG and gave the company a “neutral” rating in a research report on Tuesday, November 14th. Deutsche Bank AG set a €25.00 ($29.41) price target on RWE AG and gave the company a “buy” rating in a research report on Thursday, September 7th. Finally, Morgan Stanley reiterated a “neutral” rating on shares of RWE AG in a research report on Thursday, July 27th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of €22.23 ($26.15).
Shares of RWE AG (RWE) opened at €20.16 ($23.72) on Wednesday. RWE AG has a 12 month low of €11.01 ($12.95) and a 12 month high of €23.28 ($27.39).
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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