RWE (FRA:RWE) PT Set at €32.00 by Morgan Stanley

RWE (FRA:RWE) received a €32.00 ($37.21) price target from equities research analysts at Morgan Stanley in a report issued on Monday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Morgan Stanley’s price target would suggest a potential upside of 24.51% from the company’s previous close.

RWE has been the subject of a number of other reports. 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, November 25th. DZ Bank reaffirmed a “buy” rating on shares of RWE in a research note on Thursday, November 14th. JPMorgan Chase & Co. set a €22.00 ($25.58) price objective on RWE and gave the stock a “neutral” rating in a research report on Thursday, November 14th. Jefferies Financial Group set a €24.80 ($28.84) target price on RWE and gave the company a “neutral” rating in a research note on Wednesday, November 20th. Finally, Goldman Sachs Group set a €33.00 ($38.37) target price on RWE and gave the company a “buy” rating in a research note on Thursday, November 14th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and ten have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of €27.97 ($32.52).

Shares of RWE stock opened at €25.70 ($29.88) on Monday. RWE has a 1 year low of €14.35 ($16.69) and a 1 year high of €23.28 ($27.07). The company’s fifty day moving average is €26.86 and its two-hundred day moving average is €25.17.

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.

Further Reading: Trading signals using Bollinger bands

Analyst Recommendations for RWE (FRA:RWE)

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.