RWE AG’s (RWE) Neutral Rating Reaffirmed at J P Morgan Chase & Co

J P Morgan Chase & Co restated their neutral rating on shares of RWE AG (FRA:RWE) in a report released on Tuesday.

RWE has been the subject of several other reports. Goldman Sachs Group, Inc. (The) set a €23.70 ($27.56) price objective on shares of RWE AG and gave the stock a buy rating in a report on Monday, August 21st. BNP Paribas set a €19.00 ($22.09) price objective on shares of RWE AG and gave the stock a neutral rating in a report on Monday, September 11th. Barclays PLC set a €22.00 ($25.58) price objective on shares of RWE AG and gave the stock a neutral rating in a report on Tuesday, August 29th. set a €23.50 ($27.33) price objective on shares of RWE AG and gave the stock a buy rating in a report on Friday, August 25th. Finally, Independent Research GmbH set a €20.50 ($23.84) price objective on shares of RWE AG and gave the stock a neutral rating in a report on Thursday, September 28th. Three investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have given a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of €21.68 ($25.20).

RWE AG (RWE) traded down €0.40 ($0.47) on Tuesday, reaching €20.66 ($24.02). 6,866,791 shares of the company traded hands. RWE AG has a 52 week low of €11.01 ($12.80) and a 52 week high of €23.28 ($27.07).

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About RWE AG

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 AG (FRA:RWE)

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