Several other research firms have also recently issued reports on RWE. Berenberg Bank reiterated a buy rating on shares of RWE AG in a research report on Wednesday, June 7th. Goldman Sachs Group, Inc. (The) set a €16.50 ($19.64) price objective on RWE AG and gave the stock a neutral rating in a research report on Wednesday, June 7th. Sanford C. Bernstein set a €17.60 ($20.95) price objective on RWE AG and gave the stock a neutral rating in a research report on Tuesday, June 6th. Kepler Capital Markets set a €18.00 ($21.43) price objective on RWE AG and gave the stock a neutral rating in a research report on Friday, June 2nd. Finally, Nord/LB set a €21.00 ($25.00) price objective on RWE AG and gave the stock a buy rating in a research report on Monday, May 29th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have given a buy rating to the company. RWE AG currently has an average rating of Hold and a consensus target price of €20.98 ($24.98).
Shares of RWE AG (RWE) traded down 2.047% during midday trading on Wednesday, reaching €20.387. 8,136 shares of the company’s stock traded hands. The stock’s 50 day moving average is €20.03 and its 200-day moving average is €17.51. The company’s market capitalization is €12.55 billion. RWE AG has a 52 week low of €11.01 and a 52 week high of €21.60.
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About RWE AG
RWE AG is a Germany-based electricity and gas company. It diversifies its activities into seven divisions: Germany, which consists of the Power Generation and Sales and Distribution Networks business area; Netherlands/Belgium; Great Britain; The Central Eastern and South Eastern Europe; Renewables; Upstream Gas and Oil, and Trading/Gas Midstream.
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