UBS Group Reiterates “€20.50” Price Target for RWE (RWE)

UBS Group set a €20.50 ($23.84) target price on RWE (FRA:RWE) in a research note issued to investors on Tuesday, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.

Several other equities analysts have also recently issued reports on the company. Oddo Bhf set a €24.30 ($28.26) price target on RWE and gave the company a buy rating in a research report on Thursday, June 21st. Sanford C. Bernstein set a €25.00 ($29.07) price target on RWE and gave the company a buy rating in a research report on Monday, June 18th. Macquarie set a €25.00 ($29.07) price target on RWE and gave the company a buy rating in a research report on Friday, June 15th. Nord/LB set a €23.50 ($27.33) price target on RWE and gave the company a buy rating in a research report on Friday, June 8th. Finally, Societe Generale set a €25.40 ($29.53) price target on RWE and gave the company a buy rating in a research report on Tuesday, June 5th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and fourteen have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of €21.43 ($24.92).

Shares of RWE opened at €19.63 ($22.82) on Tuesday, MarketBeat reports. 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.

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.


Leave a Reply