UBS Group set a €24.50 ($28.49) target price on RWE (FRA:RWE) in a report released on Thursday morning, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.
RWE has been the subject of several other research reports. Societe Generale set a €26.80 ($31.16) price objective on shares of RWE and gave the company a buy rating in a research note on Friday, November 16th. Sanford C. Bernstein set a €23.00 ($26.74) price objective on shares of RWE and gave the company a buy rating in a research note on Monday, January 28th. JPMorgan Chase & Co. set a €21.00 ($24.42) price objective on shares of RWE and gave the company a neutral rating in a research note on Wednesday, November 14th. Morgan Stanley set a €20.90 ($24.30) target price on shares of RWE and gave the stock a neutral rating in a research report on Monday, January 28th. Finally, Cfra set a €23.00 ($26.74) target price on shares of RWE and gave the stock a buy rating in a research report on Friday, November 16th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and seventeen have given a buy rating to the company. RWE has an average rating of Buy and a consensus price target of €24.01 ($27.92).
Shares of FRA RWE opened at €22.49 ($26.15) on Thursday. RWE has a 52 week low of €14.35 ($16.69) and a 52 week high of €23.28 ($27.07).
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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