UBS Analysts Give RWE (RWE) a €24.80 Price Target
RWE (FRA:RWE) has been assigned a €24.80 ($29.52) target price by equities research analysts at UBS in a report released on Friday, www.boersen-zeitung.de reports. The firm presently has a “buy” rating on the stock. UBS’s price target would suggest a potential upside of 29.50% from the company’s current price.
RWE has been the subject of several other reports. Royal Bank Of Canada set a €25.50 ($30.36) target price on shares of RWE and gave the stock a “buy” rating in a report on Tuesday, October 3rd. Deutsche Bank set a €22.00 ($26.19) target price on shares of RWE and gave the company a “buy” rating in a research report on Wednesday, August 23rd. Kepler Capital Markets set a €18.00 ($21.43) target price on shares of RWE and gave the company a “sell” rating in a research report on Monday, September 4th. Bank of America set a €21.70 ($25.83) target price on shares of RWE and gave the company a “neutral” rating in a research report on Friday, September 8th. Finally, Macquarie set a €23.00 ($27.38) price target on shares of RWE and gave the stock a “buy” rating in a research report on Wednesday, September 13th. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and ten have issued a buy rating to the stock. RWE presently has an average rating of “Hold” and a consensus price target of €22.22 ($26.45).
Shares of RWE (FRA RWE) traded down €0.10 ($0.12) during trading on Friday, reaching €19.15 ($22.80). 5,527,205 shares of the company’s stock were exchanged. RWE has a 1-year low of €11.01 ($13.11) and a 1-year high of €23.28 ($27.71).
RWE 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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