Morgan Stanley set a €14.60 ($16.04) price objective on RWE AG (FRA:RWE) in a research note issued to investors on Tuesday morning. The firm currently has a a neutral rating on the stock.

Other research analysts also recently issued research reports about the stock. Nord/LB set a €19.00 ($20.88) price target on shares of RWE AG and gave the company a buy rating in a report on Thursday, August 11th. JPMorgan Chase & Co. set a €14.00 ($15.38) price target on shares of RWE AG and gave the company a buy rating in a report on Friday, August 12th. S&P Global Inc. set a €17.00 ($18.68) price target on shares of RWE AG and gave the company a buy rating in a report on Friday, August 12th. Societe Generale set a €20.00 ($21.98) price target on shares of RWE AG and gave the company a buy rating in a report on Wednesday, August 3rd. Finally, Jefferies Group set a €17.00 ($18.68) price target on shares of RWE AG and gave the company a buy rating in a report on Monday, July 11th. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have given a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of €14.81 ($16.28).

Shares of RWE AG (FRA:RWE) opened at 12.826 on Tuesday. The stock has a 50 day moving average of €14.22 and a 200-day moving average of €13.92. RWE AG has a 52 week low of €10.00 and a 52 week high of €16.45. The firm’s market cap is €7.83 billion.

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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