Morgan Stanley Reiterates “€20.10” Price Target for RWE (RWE)

RWE (FRA:RWE) received a €20.10 ($24.81) target price from stock analysts at Morgan Stanley in a research note issued on Tuesday. The firm presently has a “neutral” rating on the stock. Morgan Stanley’s price target indicates a potential upside of 27.50% from the company’s previous close.

A number of other research analysts also recently issued reports on the stock. Deutsche Bank set a €27.00 ($33.33) price objective on shares of RWE and gave the stock a “buy” rating in a research report on Wednesday, December 6th. Goldman Sachs Group set a €27.60 ($34.07) price objective on shares of RWE and gave the stock a “buy” rating in a research report on Monday, November 20th. UBS Group set a €24.80 ($30.62) price objective on shares of RWE and gave the stock a “buy” rating in a research report on Friday, December 1st. Societe Generale set a €22.90 ($28.27) price objective on shares of RWE and gave the stock a “buy” rating in a research report on Friday, December 8th. Finally, Berenberg Bank set a €18.00 ($22.22) price objective on shares of RWE and gave the stock a “neutral” rating in a research report on Friday, January 12th. One analyst has rated the stock with a sell rating, fourteen have issued a hold rating and eleven have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of €21.02 ($25.94).

Shares of RWE (FRA:RWE) traded up €0.18 ($0.22) during trading on Tuesday, hitting €15.77 ($19.46). 4,908,524 shares of the stock were exchanged. RWE has a 52-week low of €12.86 ($15.88) and a 52-week high of €23.28 ($28.74). The stock has a market cap of $9,460.00 and a P/E ratio of -2.77.

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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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