Royal Bank of Canada set a €29.00 ($33.72) price target on RWE (FRA:RWE) in a report issued on Wednesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other analysts have also recently issued reports about the company. JPMorgan Chase & Co. set a €22.00 ($25.58) price objective on RWE and gave the stock a neutral rating in a report on Wednesday. UBS Group set a €24.50 ($28.49) price objective on RWE and gave the stock a buy rating in a report on Wednesday. Kepler Capital Markets set a €18.00 ($20.93) price objective on RWE and gave the stock a sell rating in a report on Monday. Goldman Sachs Group set a €29.50 ($34.30) price objective on RWE and gave the stock a buy rating in a report on Wednesday, May 8th. Finally, Oddo Bhf set a €22.40 ($26.05) price objective on RWE and gave the stock a neutral rating in a report on Thursday, May 2nd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have issued a buy rating to the stock. The company currently has a consensus rating of Buy and a consensus price target of €24.69 ($28.70).
FRA RWE traded up €0.31 ($0.36) during trading hours on Wednesday, reaching €23.63 ($27.48). The company’s stock had a trading volume of 2,628,596 shares. RWE has a 1 year low of €14.35 ($16.69) and a 1 year 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.
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