Jefferies Financial Group Analysts Give RWE (RWE) a €24.60 Price Target

RWE (FRA:RWE) has been given a €24.60 ($28.60) price objective by investment analysts at Jefferies Financial Group in a note issued to investors on Friday. The firm presently has a “buy” rating on the stock. Jefferies Financial Group’s target price suggests a potential upside of 39.02% from the stock’s current price.

Several other equities analysts have also commented on RWE. Bank of America set a €27.00 ($31.40) price objective on RWE and gave the company a “buy” rating in a research report on Thursday, July 5th. Cfra set a €25.00 ($29.07) price objective on RWE and gave the company a “buy” rating in a research report on Thursday, August 16th. Goldman Sachs Group set a €22.40 ($26.05) price objective on RWE and gave the company a “buy” rating in a research report on Wednesday, October 24th. Royal Bank of Canada set a €26.00 ($30.23) price objective on RWE and gave the company a “buy” rating in a research report on Monday, July 9th. Finally, Societe Generale set a €26.80 ($31.16) price objective on RWE and gave the company a “buy” rating in a research report on Friday, October 19th. One analyst has rated the stock with a sell rating, five have given a hold rating and seventeen have given a buy rating to the stock. RWE has an average rating of “Buy” and an average price target of €23.38 ($27.18).

Shares of RWE stock traded up €0.30 ($0.35) during trading on Friday, hitting €17.70 ($20.58). 2,207,407 shares of the stock traded hands. RWE has a 52 week low of €14.35 ($16.69) and a 52 week high of €23.28 ($27.07).

About RWE

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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