RWE (FRA:RWE) has been given a €20.10 ($24.81) target price by equities research analysts at Morgan Stanley in a research note issued on Monday. The firm currently has a “neutral” rating on the stock. Morgan Stanley’s price objective points to a potential upside of 3.02% from the company’s previous close.
A number of other research firms also recently issued reports on RWE. Commerzbank set a €19.40 ($23.95) target price on shares of RWE and gave the stock a “buy” rating in a research report on Tuesday, February 20th. Goldman Sachs Group set a €23.40 ($28.89) target price on shares of RWE and gave the stock a “buy” rating in a research report on Monday, January 15th. Berenberg Bank set a €18.00 ($22.22) target price on shares of RWE and gave the stock a “neutral” rating in a research report on Friday, January 12th. JPMorgan Chase & Co. set a €18.50 ($22.84) price target on shares of RWE and gave the company a “neutral” rating in a report on Wednesday, January 3rd. Finally, DZ Bank restated a “neutral” rating on shares of RWE in a report on Thursday, December 14th. One analyst has rated the stock with a sell rating, fourteen have given a hold rating and twelve have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of €20.61 ($25.45).
RWE (RWE) traded up €1.61 ($1.99) during mid-day trading on Monday, reaching €19.51 ($24.09). 323,280 shares of the company’s stock were exchanged. RWE has a 12 month low of €13.63 ($16.83) and a 12 month high of €23.28 ($28.74). The stock has a market cap of $11,950.00 and a P/E ratio of -3.42.
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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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