RWE (RWE) PT Set at €21.20 by Morgan Stanley

RWE (FRA:RWE) received a €21.20 ($25.24) target price from equities research analysts at Morgan Stanley in a research report issued on Monday. The brokerage presently has a “neutral” rating on the stock. Morgan Stanley’s price target points to a potential upside of 20.49% from the stock’s current price.

A number of other equities analysts also recently commented on RWE. Berenberg Bank set a €18.00 ($21.43) price objective on shares of RWE and gave the stock a “neutral” rating in a research note on Friday, January 12th. Goldman Sachs Group set a €23.40 ($27.86) price objective on shares of RWE and gave the stock a “buy” rating in a research note on Monday, January 15th. UBS Group set a €20.50 ($24.40) price objective on shares of RWE and gave the stock a “buy” rating in a research note on Tuesday, January 9th. Royal Bank of Canada set a €23.00 ($27.38) price objective on shares of RWE and gave the stock a “buy” rating in a research note on Thursday. Finally, JPMorgan Chase & Co. set a €18.50 ($22.02) price objective on shares of RWE and gave the stock a “neutral” rating in a research note on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of €21.40 ($25.47).

RWE (RWE) opened at €17.60 ($20.95) on Monday. The company has a market cap of $10,720.00 and a P/E ratio of -3.09. 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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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.

Analyst Recommendations for RWE (FRA:RWE)

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