HSBC set a €15.00 ($16.67) price objective on RWE AG (FRA:RWE) in a research note released on Monday. The firm currently has a a neutral rating on the stock.

Several other brokerages also recently issued reports on RWE. DZ Bank AG restated a sell rating on shares of RWE AG in a research report on Friday, July 1st. Commerzbank AG set a €11.00 ($12.22) price target on RWE AG and gave the company a neutral rating in a report on Friday, July 1st. Independent Research GmbH set a €14.50 ($16.11) price target on RWE AG and gave the company a neutral rating in a report on Friday, July 1st. Sanford C. Bernstein set a €14.00 ($15.56) price target on RWE AG and gave the company a neutral rating in a report on Friday, July 1st. Finally, JPMorgan Chase & Co. reiterated a buy rating on shares of RWE AG in a report on Friday, July 1st. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have issued a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of €14.81 ($16.46).

RWE AG (FRA:RWE) opened at 13.465 on Monday. The firm’s 50-day moving average price is €14.73 and its 200 day moving average price is €13.57. The stock’s market cap is €8.22 billion. RWE AG has a 12-month low of €10.00 and a 12-month high of €16.45.

RWE AG Company Profile

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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