RWE (FRA:RWE) received a €20.50 ($24.40) price target from equities research analysts at UBS Group in a research note issued to investors on Monday, www.boersen-zeitung.de reports. The firm currently has a “buy” rating on the stock. UBS Group’s price target points to a potential upside of 16.51% from the company’s current price.
RWE has been the subject of a number of other research reports. Goldman Sachs Group set a €27.60 ($32.86) price target on RWE and gave the company a “buy” rating in a research report on Monday, November 20th. Royal Bank of Canada set a €25.50 ($30.36) price target on RWE and gave the company a “buy” rating in a research report on Tuesday, October 3rd. Morgan Stanley set a €21.20 ($25.24) price target on RWE and gave the company a “neutral” rating in a research report on Monday. Independent Research set a €22.50 ($26.79) price target on RWE and gave the company a “neutral” rating in a research report on Tuesday, November 14th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating on shares of RWE in a research report on Tuesday, November 14th. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eleven have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of €21.40 ($25.47).
RWE (FRA RWE) opened at €17.60 ($20.95) on Monday. The company has a market capitalization of $10,720.00 and a P/E ratio of -3.09. RWE has a 52-week low of €11.97 ($14.25) and a 52-week high of €23.28 ($27.71).
TRADEMARK VIOLATION WARNING: This story was reported by American Banking News and is owned by of American Banking News. If you are viewing this story on another website, it was illegally stolen and republished in violation of United States & international trademark and copyright law. The legal version of this story can be accessed at https://www.americanbankingnews.com/2018/01/22/rwe-rwe-given-a-20-50-price-target-at-ubs-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.