Societe Generale Analysts Give RWE (RWE) a €26.80 Price Target

RWE (FRA:RWE) has been given a €26.80 ($31.16) price objective by investment analysts at Societe Generale in a note issued to investors on Friday. The brokerage currently has a “buy” rating on the stock. Societe Generale’s target price points to a potential upside of 42.67% from the company’s previous close.

Several other brokerages also recently issued reports on RWE. Jefferies Financial Group set a €21.90 ($25.47) price target on shares of RWE and gave the stock a “neutral” rating in a report on Wednesday, August 1st. Sanford C. Bernstein set a €25.00 ($29.07) price target on shares of RWE and gave the stock a “buy” rating in a report on Monday, July 30th. Morgan Stanley set a €26.00 ($30.23) price target on shares of RWE and gave the stock a “buy” rating in a report on Friday, July 20th. BNP Paribas set a €23.80 ($27.67) price target on shares of RWE and gave the stock a “neutral” rating in a report on Monday, September 10th. Finally, UBS Group set a €20.50 ($23.84) price target on shares of RWE and gave the stock a “buy” rating in a report on Tuesday, August 14th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and seventeen have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of €23.49 ($27.31).

Shares of FRA:RWE opened at €18.79 ($21.84) on Friday. RWE has a 52-week low of €14.35 ($16.69) and a 52-week 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.

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Analyst Recommendations for RWE (FRA:RWE)

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