RWE (FRA:RWE) has been assigned a €19.50 ($24.07) price objective by stock analysts at Independent Research in a research report issued to clients and investors on Monday. The firm presently has a “neutral” rating on the stock. Independent Research’s price target indicates a potential downside of 0.05% from the company’s current price.
Several other research firms have also weighed in on RWE. Societe Generale set a €21.60 ($26.67) price objective on shares of RWE and gave the stock a “neutral” rating in a research note on Monday, November 13th. Commerzbank set a €17.70 ($21.85) price objective on shares of RWE and gave the stock a “sell” rating in a research note on Tuesday, November 14th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of RWE in a research note on Tuesday, November 14th. DZ Bank set a €21.00 ($25.93) price objective on shares of RWE and gave the stock a “neutral” rating in a research note on Tuesday, November 14th. Finally, S&P Global set a €22.00 ($27.16) price objective on shares of RWE and gave the stock a “neutral” rating in a research note on Thursday, November 16th. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. RWE has an average rating of “Hold” and a consensus price target of €20.61 ($25.45).
RWE (FRA RWE) traded up €1.61 ($1.99) on Monday, reaching €19.51 ($24.09). 323,280 shares of the company traded hands. The firm has a market capitalization of $11,950.00 and a price-to-earnings ratio of -3.42. RWE has a 52-week low of €13.63 ($16.83) and a 52-week high of €23.28 ($28.74).
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.
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