Barclays set a €30.00 ($34.88) price objective on RWE (FRA:RWE) in a report published on Monday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other analysts have also issued research reports about the stock. HSBC set a €21.00 ($24.42) price target on shares of RWE and gave the company a sell rating in a report on Monday, June 24th. Sanford C. Bernstein set a €29.00 ($33.72) price target on shares of RWE and gave the company a buy rating in a report on Friday, September 6th. Goldman Sachs Group set a €35.00 ($40.70) price target on shares of RWE and gave the company a buy rating in a report on Monday, September 2nd. Berenberg Bank set a €28.00 ($32.56) price target on shares of RWE and gave the company a buy rating in a report on Tuesday, July 16th. Finally, Jefferies Financial Group set a €20.00 ($23.26) price target on shares of RWE and gave the company a neutral rating in a report on Thursday, August 22nd. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and twelve have assigned a buy rating to the company. The company presently has a consensus rating of Buy and an average target price of €26.01 ($30.24).
Shares of RWE stock opened at €26.56 ($30.88) on Monday. The firm has a 50 day simple moving average of €25.24 and a 200 day simple moving average of €23.38. RWE has a fifty-two week low of €14.35 ($16.69) and a fifty-two 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.
See Also: What does the Producer Price Index (PPI) tell investors?
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.