RWE AG (RWE) Given Average Rating of “Buy” by Brokerages

Shares of RWE AG (FRA:RWE) have earned an average rating of “Buy” from the twenty-two brokerages that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and seventeen have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is €23.57 ($27.41).

A number of research firms have issued reports on RWE. Cfra set a €23.00 ($26.74) price target on RWE and gave the company a “buy” rating in a research note on Friday, November 16th. Jefferies Financial Group set a €21.90 ($25.47) price target on RWE and gave the company a “neutral” rating in a research note on Tuesday, August 14th. Independent Research set a €19.50 ($22.67) price target on RWE and gave the company a “neutral” rating in a research note on Wednesday, November 14th. Royal Bank of Canada set a €23.00 ($26.74) price target on RWE and gave the company a “buy” rating in a research note on Monday, November 26th. Finally, Kepler Capital Markets set a €20.00 ($23.26) price target on RWE and gave the company a “sell” rating in a research note on Wednesday, October 10th.

Shares of RWE stock traded up €0.02 ($0.02) during trading hours on Monday, reaching €19.07 ($22.17). 4,266,810 shares of the stock traded hands. RWE has a one year low of €14.35 ($16.69) and a one year high of €23.28 ($27.07).

About RWE

RWE Aktiengesellschaft supplies electricity and gas. It operates through four segments: Lignite & Nuclear; European Power; Supply & Trading; and Innogy. The company operates power stations based on lignite, coal, gas, nuclear power, renewable energies, and hydro and biomass; and operates and maintains solar farms, as well as generates heat.

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Analyst Recommendations for RWE (FRA:RWE)

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