RWE (RWE) Given Consensus Rating of “Hold” by Brokerages

Shares of RWE (FRA:RWE) have received an average rating of “Hold” from the twenty-seven brokerages that are covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and fourteen have given a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is €21.14 ($26.10).

A number of equities research analysts have recently weighed in on the company. JPMorgan Chase set a €21.00 ($25.93) price objective on RWE and gave the company a “neutral” rating in a research note on Wednesday, March 21st. Societe Generale set a €16.50 ($20.37) target price on RWE and gave the company a “neutral” rating in a report on Monday, March 12th. Credit Suisse Group set a €22.70 ($28.02) target price on RWE and gave the company a “buy” rating in a report on Monday, March 19th. Independent Research set a €19.50 ($24.07) target price on RWE and gave the company a “neutral” rating in a report on Monday, March 12th. Finally, Deutsche Bank set a €25.00 ($30.86) target price on RWE and gave the company a “buy” rating in a report on Monday, March 12th.

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Shares of FRA RWE traded down €0.51 ($0.63) during trading on Friday, reaching €21.36 ($26.37). The stock had a trading volume of 9,388,706 shares. RWE has a fifty-two week low of €14.35 ($17.72) and a fifty-two week high of €23.28 ($28.74).

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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.

Analyst Recommendations for RWE (FRA:RWE)

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