RWE (FRA:RWE) has been assigned a €22.00 ($27.16) price target by equities researchers at Cfra in a research note issued to investors on Tuesday. The firm currently has a “buy” rating on the stock. Cfra’s price target would suggest a potential upside of 44.50% from the stock’s current price.
RWE has been the topic of a number of other reports. Deutsche Bank set a €25.00 ($30.86) price target on RWE and gave the company a “buy” rating in a report on Thursday, November 9th. Goldman Sachs Group set a €26.50 ($32.72) price target on RWE and gave the stock a “buy” rating in a research note on Monday, November 6th. Societe Generale set a €21.60 ($26.67) price target on RWE and gave the stock a “neutral” rating in a research note on Monday, November 13th. Commerzbank set a €17.70 ($21.85) price target on RWE and gave the stock a “sell” rating in a research note on Tuesday, November 14th. Finally, Independent Research set a €22.50 ($27.78) price target on RWE and gave the stock a “neutral” rating in a research note on Tuesday, November 14th. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating and eleven have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of €21.02 ($25.94).
RWE (RWE) traded down €0.45 ($0.56) during trading hours on Tuesday, reaching €15.15 ($18.70). The company’s stock had a trading volume of 7,899,169 shares. RWE has a 1 year low of €11.97 ($14.78) and a 1 year high of €23.28 ($28.74). The firm has a market capitalization of $9,270.00 and a PE ratio of -2.66.
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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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