UBS Group set a €29.00 ($33.72) price objective on RWE (FRA:RWE) in a report issued on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other equities analysts also recently issued reports on the stock. Royal Bank of Canada set a €34.00 ($39.53) price objective on shares of RWE and gave the stock a buy rating in a report on Thursday, November 14th. Berenberg Bank set a €28.00 ($32.56) target price on shares of RWE and gave the stock a buy rating in a research note on Wednesday, September 18th. Kepler Capital Markets set a €18.00 ($20.93) target price on shares of RWE and gave the company a sell rating in a report on Monday. Jefferies Financial Group set a €24.80 ($28.84) price target on shares of RWE and gave the company a neutral rating in a research report on Wednesday, November 20th. Finally, JPMorgan Chase & Co. set a €22.00 ($25.58) price target on shares of RWE and gave the stock a neutral rating in a report on Thursday, November 14th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of €27.97 ($32.52).
FRA RWE opened at €25.70 ($29.88) on Tuesday. The business has a fifty day simple moving average of €26.86 and a 200 day simple moving average of €25.17. RWE has a 12 month low of €14.35 ($16.69) and a 12 month high of €23.28 ($27.07).
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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