RWE AG (FRA:RWE) has been given a €21.60 ($25.12) price target by investment analysts at Societe Generale in a report issued on Monday. The firm currently has a “neutral” rating on the stock. Societe Generale’s price objective would suggest a potential upside of 5.16% from the stock’s current price.
A number of other brokerages have also commented on RWE. Credit Suisse Group set a €17.90 ($20.81) target price on RWE AG and gave the company a “neutral” rating in a research report on Tuesday, August 15th. Deutsche Bank AG set a €22.00 ($25.58) price objective on RWE AG and gave the stock a “buy” rating in a report on Friday, August 4th. Independent Research GmbH set a €20.50 ($23.84) price objective on RWE AG and gave the stock a “neutral” rating in a report on Monday, August 14th. Sanford C. Bernstein set a €19.50 ($22.67) price objective on RWE AG and gave the stock a “neutral” rating in a report on Wednesday, July 19th. Finally, set a €23.50 ($27.33) price objective on RWE AG and gave the stock a “buy” rating in a report on Friday, August 25th. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have given a buy rating to the company. RWE AG currently has a consensus rating of “Hold” and an average price target of €21.60 ($25.11).
Shares of RWE AG (FRA RWE) opened at €20.54 ($23.88) on Monday. RWE AG has a 12-month low of €11.01 ($12.80) and a 12-month high of €23.28 ($27.07).
About RWE AG
RWE Aktiengesellschaft, an electricity and gas company, generates, distributes, and sells electricity, as well as produces, distributes, and sells gas. It operates through Conventional Power Generation, Trading/Gas Midstream, and Innogy segments. The company operates power stations based on lignite, coal, gas, nuclear power, renewable energies, and hydro and biomass; and pumped-storage and run-of-river power plants, as well as generates heat.
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