RWE (RWE) Given Neutral Rating at DZ Bank
RWE (FRA:RWE)‘s stock had its “neutral” rating reaffirmed by DZ Bank in a report released on Thursday.
Several other research firms have also commented on RWE. Deutsche Bank set a €25.00 ($29.76) price target on shares of RWE and gave the company a “buy” rating in a report on Thursday, November 9th. Goldman Sachs Group set a €26.50 ($31.55) price target on shares of RWE and gave the company a “buy” rating in a report on Monday, November 6th. Societe Generale set a €21.60 ($25.71) price target on shares of RWE and gave the company a “neutral” rating in a report on Monday, November 13th. Commerzbank set a €17.70 ($21.07) price target on shares of RWE and gave the company a “sell” rating in a report on Tuesday, November 14th. Finally, Independent Research set a €22.50 ($26.79) price target on shares of RWE and gave the company a “neutral” rating in a report on Tuesday, November 14th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and ten have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of €21.86 ($26.03).
RWE (RWE) traded down €0.80 ($0.95) during trading hours on Thursday, hitting €17.27 ($20.56). 22,529,947 shares of the stock traded hands. RWE has a twelve month low of €11.01 ($13.11) and a twelve month high of €23.28 ($27.71).
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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