RWE AG (RWE) Earns Neutral Rating from DZ Bank AG
RWE AG (FRA:RWE)‘s stock had its “neutral” rating restated by investment analysts at DZ Bank AG in a research report issued on Friday.
Several other analysts have also issued reports on RWE. Societe Generale set a €18.10 ($20.11) target price on RWE AG and gave the stock a “buy” rating in a report on Friday. Commerzbank AG set a €12.00 ($13.33) target price on RWE AG and gave the stock a “sell” rating in a report on Friday. Kepler Capital Markets set a €10.00 ($11.11) target price on RWE AG and gave the stock a “sell” rating in a report on Thursday, August 11th. Nord/LB set a €19.00 ($21.11) price objective on RWE AG and gave the company a “buy” rating in a research note on Tuesday, September 13th. Finally, Independent Research GmbH set a €13.50 ($15.00) price objective on RWE AG and gave the company a “neutral” rating in a research note on Friday, June 10th. Four investment analysts have rated the stock with a sell rating, eleven have given a hold rating and nine have issued a buy rating to the company’s stock. RWE AG currently has a consensus rating of “Hold” and an average price target of €14.75 ($16.39).
RWE AG (FRA:RWE) opened at 13.60 on Friday. The company’s market cap is €8.30 billion. The company’s 50 day moving average price is €14.80 and its 200 day moving average price is €13.51. RWE AG has a 52-week low of €10.00 and a 52-week high of €16.45.
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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