RWE (FRA:RWE)‘s stock had its “buy” rating reiterated by stock analysts at Bank of America in a research note issued on Wednesday.
A number of other brokerages also recently weighed in on RWE. Commerzbank set a €19.40 ($23.95) price target on shares of RWE and gave the company a “buy” rating in a report on Tuesday, February 20th. Morgan Stanley set a €20.10 ($24.81) price objective on RWE and gave the stock a “neutral” rating in a report on Tuesday, February 13th. DZ Bank restated a “neutral” rating on shares of RWE in a report on Monday. Goldman Sachs Group set a €23.40 ($28.89) price objective on RWE and gave the stock a “buy” rating in a report on Monday, January 15th. Finally, Berenberg Bank set a €18.00 ($22.22) price objective on RWE and gave the stock a “neutral” rating in a report on Friday, January 12th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and thirteen have given a buy rating to the stock. RWE presently has a consensus rating of “Hold” and an average price target of €20.61 ($25.45).
Shares of RWE (RWE) opened at €19.81 ($24.45) on Wednesday. RWE has a 1-year low of €13.63 ($16.83) and a 1-year high of €23.28 ($28.74). The firm has a market cap of $11,720.00 and a PE ratio of -3.47.
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.
Receive News & Ratings for RWE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RWE and related companies with MarketBeat.com's FREE daily email newsletter.