RWE (FRA:RWE) Given a €27.60 Price Target by Goldman Sachs Group Analysts

RWE (FRA:RWE) received a €27.60 ($32.86) target price from investment analysts at Goldman Sachs Group in a research note issued to investors on Monday, December 4th. The brokerage currently has a “buy” rating on the stock. Goldman Sachs Group’s price objective suggests a potential upside of 62.35% from the company’s previous close.

Other equities research analysts also recently issued reports about the company. Credit Suisse Group set a €17.90 ($21.31) target price on RWE and gave the stock a “neutral” rating in a report on Tuesday, August 15th. Barclays set a €19.10 ($22.74) target price on RWE and gave the company a “neutral” rating in a research note on Tuesday, August 15th. S&P Global set a €22.00 ($26.19) price objective on RWE and gave the stock a “neutral” rating in a report on Tuesday, August 15th. Oddo Bhf set a €23.00 ($27.38) price objective on RWE and gave the stock a “buy” rating in a report on Tuesday, August 15th. Finally, UBS Group set a €17.50 ($20.83) target price on RWE and gave the company a “neutral” rating in a report on Monday, August 14th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and ten have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of €21.86 ($26.03).

RWE (RWE) traded up €0.09 ($0.11) during trading on Monday, reaching €17.00 ($20.24). The company’s stock had a trading volume of 2,286,402 shares. RWE has a 1 year low of €11.56 ($13.76) and a 1 year high of €23.28 ($27.71). The company has a market capitalization of $10,300.00 and a P/E ratio of -2.98.

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About RWE

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.

Analyst Recommendations for RWE (FRA:RWE)

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