RWE AG (RWE) Given a €21.70 Price Target by Bank of America Corporation Analysts

Bank of America Corporation set a €21.70 ($25.83) target price on RWE AG (FRA:RWE) in a research note issued to investors on Friday. The firm currently has a neutral rating on the stock.

A number of other equities research analysts have also recently issued reports on RWE. Deutsche Bank AG set a €16.00 ($19.05) price objective on shares of RWE AG and gave the stock a neutral rating in a report on Thursday, May 11th. Royal Bank Of Canada set a €20.00 ($23.81) price objective on shares of RWE AG and gave the stock a buy rating in a report on Monday, May 15th. Independent Research GmbH set a €16.80 ($20.00) price objective on shares of RWE AG and gave the stock a neutral rating in a report on Monday, May 15th. UBS AG set a €13.00 ($15.48) price objective on shares of RWE AG and gave the stock a sell rating in a report on Monday, May 15th. Finally, Barclays PLC set a €14.10 ($16.79) price objective on shares of RWE AG and gave the stock a neutral rating in a report on Monday, May 15th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of €20.96 ($24.95).

RWE AG (FRA RWE) opened at 21.519 on Friday. The firm’s 50 day moving average price is €19.64 and its 200-day moving average price is €17.23. RWE AG has a 52 week low of €11.01 and a 52 week high of €21.57. The firm’s market cap is €13.24 billion.

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About RWE AG

RWE AG is a Germany-based electricity and gas company. It diversifies its activities into seven divisions: Germany, which consists of the Power Generation and Sales and Distribution Networks business area; Netherlands/Belgium; Great Britain; The Central Eastern and South Eastern Europe; Renewables; Upstream Gas and Oil, and Trading/Gas Midstream.

Analyst Recommendations for RWE AG (FRA:RWE)

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