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).

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About RWE

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.

Analyst Recommendations for RWE (FRA:RWE)

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