RWE (FRA:RWE) Given a €40.00 Price Target by Morgan Stanley Analysts

RWE (FRA:RWE) has been assigned a €40.00 ($46.51) price target by equities researchers at Morgan Stanley in a research note issued to investors on Thursday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Morgan Stanley’s target price would suggest a potential upside of 19.94% from the company’s previous close.

Several other analysts also recently commented on the stock. Kepler Capital Markets set a €30.00 ($34.88) target price on shares of RWE and gave the company a “neutral” rating in a report on Monday, January 27th. Royal Bank of Canada set a €36.00 ($41.86) target price on shares of RWE and gave the company a “buy” rating in a report on Wednesday. Credit Suisse Group set a €29.30 ($34.07) target price on shares of RWE and gave the company a “neutral” rating in a report on Thursday, November 7th. Metzler set a €34.70 ($40.35) target price on shares of RWE and gave the company a “buy” rating in a report on Friday, January 10th. Finally, Berenberg Bank set a €34.50 ($40.12) target price on shares of RWE and gave the company a “buy” rating in a report on Friday, January 17th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the stock. RWE currently has a consensus rating of “Buy” and an average target price of €31.59 ($36.74).

RWE opened at €33.35 ($38.78) on Thursday. The company’s fifty day moving average price is €30.16 and its two-hundred day moving average price is €27.40. RWE has a 1-year low of €14.35 ($16.69) and a 1-year high of €23.28 ($27.07).

RWE Company Profile

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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