RWE AG (RWE) Receives €24.38 Average Price Target from Analysts

Shares of RWE AG (FRA:RWE) have been assigned an average rating of “Buy” from the twenty-one analysts that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and fifteen have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is €24.38 ($28.34).

RWE has been the topic of several recent analyst reports. Kepler Capital Markets set a €18.00 ($20.93) target price on RWE and gave the stock a “sell” rating in a report on Friday, March 22nd. Royal Bank of Canada set a €23.00 ($26.74) target price on RWE and gave the stock a “buy” rating in a report on Thursday, January 17th. Barclays set a €27.00 ($31.40) target price on RWE and gave the stock a “buy” rating in a report on Monday, January 28th. Goldman Sachs Group set a €24.30 ($28.26) target price on RWE and gave the stock a “buy” rating in a report on Tuesday, January 15th. Finally, Independent Research set a €20.00 ($23.26) target price on RWE and gave the stock a “neutral” rating in a report on Tuesday, January 1st.

RWE stock traded up €0.27 ($0.31) during midday trading on Friday, hitting €24.00 ($27.91). 2,141,975 shares of the company’s stock were exchanged. RWE has a one year low of €14.35 ($16.69) and a one year 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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