Independent Research set a €23.00 ($26.74) price objective on RWE (FRA:RWE) in a research note issued to investors on Friday. The brokerage currently has a neutral rating on the stock.
Other research analysts also recently issued research reports about the stock. Sanford C. Bernstein set a €24.50 ($28.49) target price on shares of RWE and gave the company a buy rating in a research report on Monday, December 17th. Jefferies Financial Group set a €24.60 ($28.60) target price on shares of RWE and gave the company a buy rating in a research report on Monday, December 17th. Morgan Stanley set a €21.50 ($25.00) target price on shares of RWE and gave the company a buy rating in a research report on Thursday, December 13th. DZ Bank reaffirmed a buy rating on shares of RWE in a research report on Wednesday, December 12th. Finally, Berenberg Bank set a €22.50 ($26.16) target price on shares of RWE and gave the company a buy rating in a research report on Tuesday, December 4th. One research 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. The stock presently has a consensus rating of Buy and an average target price of €24.01 ($27.92).
RWE stock opened at €22.55 ($26.22) on Friday. RWE has a 1-year low of €14.35 ($16.69) and a 1-year 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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