Morgan Stanley set a €20.10 ($24.81) price target on RWE (FRA:RWE) in a report issued on Tuesday, January 30th. The firm currently has a neutral rating on the stock.
Other research analysts have also recently issued reports about the company. Nord/LB set a €23.50 ($29.01) price objective on RWE and gave the stock a buy rating in a research report on Wednesday, November 15th. Royal Bank of Canada set a €25.50 ($31.48) price objective on RWE and gave the stock a buy rating in a research report on Tuesday, October 3rd. Deutsche Bank set a €25.00 ($30.86) price objective on RWE and gave the stock a buy rating in a research report on Thursday, November 9th. Goldman Sachs Group set a €26.50 ($32.72) price objective on RWE and gave the stock a buy rating in a research report on Monday, November 6th. Finally, UBS Group set a €24.80 ($30.62) price objective on RWE and gave the stock a buy rating in a research report on Wednesday, November 22nd. One investment analyst has rated the stock with a sell rating, fourteen have issued a hold rating and eleven have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of €21.02 ($25.94).
Shares of RWE (FRA:RWE) traded up €0.51 ($0.63) during trading on Tuesday, hitting €16.19 ($19.98). The company’s stock had a trading volume of 7,817,238 shares. RWE has a 12 month low of €12.97 ($16.01) and a 12 month high of €23.28 ($28.74). The company has a market capitalization of $9,780.00 and a P/E ratio of -2.84.
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RWE Company Profile
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.
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