RWE (RWE) Given a €19.40 Price Target at Commerzbank

RWE (FRA:RWE) has been assigned a €19.40 ($23.95) price objective by research analysts at Commerzbank in a research note issued on Tuesday. The brokerage currently has a “buy” rating on the stock. Commerzbank’s price target points to a potential upside of 17.86% from the company’s current price.

RWE has been the subject of several other research reports. Goldman Sachs Group set a €27.60 ($34.07) target price on shares of RWE and gave the company a “buy” rating in a research note on Monday, November 20th. Nord/LB set a €23.50 ($29.01) target price on shares of RWE and gave the company a “buy” rating in a research note on Wednesday, November 15th. S&P Global set a €22.00 ($27.16) target price on shares of RWE and gave the company a “neutral” rating in a research note on Thursday, November 16th. JPMorgan Chase & Co. set a €18.50 ($22.84) target price on shares of RWE and gave the company a “neutral” rating in a research note on Wednesday, January 3rd. Finally, DZ Bank set a €21.00 ($25.93) target price on shares of RWE and gave the company a “neutral” rating in a research note on Tuesday, November 14th. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating and twelve have assigned a buy rating to the company. RWE currently has a consensus rating of “Hold” and a consensus target price of €20.52 ($25.34).

RWE (FRA:RWE) traded up €0.14 ($0.17) during mid-day trading on Tuesday, reaching €16.46 ($20.32). 7,257,915 shares of the company’s stock traded hands. 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 $9,980.00 and a price-to-earnings ratio of -2.89.

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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.

Analyst Recommendations for RWE (FRA:RWE)

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