RWE (RWE) PT Set at €23.40 by Goldman Sachs Group
RWE (FRA:RWE) has been given a €23.40 ($27.86) price objective by research analysts at Goldman Sachs Group in a research note issued on Monday. The firm presently has a “buy” rating on the stock. Goldman Sachs Group’s target price would indicate a potential upside of 31.09% from the stock’s current price.
A number of other research analysts have also commented on RWE. Berenberg Bank set a €18.00 ($21.43) price objective on RWE and gave the company a “neutral” rating in a research report on Friday. UBS Group set a €20.50 ($24.40) price objective on RWE and gave the company a “buy” rating in a research report on Tuesday, January 9th. Sanford C. Bernstein set a €22.50 ($26.79) price objective on RWE and gave the company a “buy” rating in a research report on Tuesday, January 9th. JPMorgan Chase & Co. set a €18.50 ($22.02) price objective on RWE and gave the company a “neutral” rating in a research report on Wednesday, January 3rd. Finally, Kepler Capital Markets set a €20.00 ($23.81) price objective on RWE and gave the company a “neutral” rating in a research report on Wednesday, January 10th. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eleven have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of €21.50 ($25.59).
RWE (FRA:RWE) traded up €0.12 ($0.14) during mid-day trading on Monday, reaching €17.85 ($21.25). The company had a trading volume of 3,137,678 shares. The firm has a market cap of $10,820.00 and a PE ratio of -3.13. RWE has a 12-month low of €11.97 ($14.25) and a 12-month high of €23.28 ($27.71).
ILLEGAL ACTIVITY WARNING: “RWE (RWE) PT Set at €23.40 by Goldman Sachs Group” was first reported by American Banking News and is owned by of American Banking News. If you are accessing this story on another site, it was illegally stolen and reposted in violation of United States & international copyright laws. The legal version of this story can be accessed at https://www.americanbankingnews.com/2018/01/15/rwe-rwe-pt-set-at-23-40-by-goldman-sachs-group.html.
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.
Receive News & Ratings for RWE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RWE and related companies with MarketBeat.com's FREE daily email newsletter.