RWE AG (RWE) PT Set at €13.50 by Independent Research GmbH
RWE AG (FRA:RWE) has been assigned a €13.50 ($14.52) price objective by equities researchers at Independent Research GmbH in a research note issued to investors on Friday. The firm currently has a a “neutral” rating on the stock.
Other research analysts also recently issued reports about the company. DZ Bank AG reissued a “sell” rating on shares of RWE AG in a research note on Thursday, August 11th. JPMorgan Chase & Co. set a €14.00 ($15.05) target price on RWE AG and gave the company a “buy” rating in a report on Friday, August 12th. Kepler Capital Markets set a €10.00 ($10.75) target price on RWE AG and gave the company a “sell” rating in a report on Thursday, August 11th. Commerzbank AG set a €11.00 ($11.83) target price on RWE AG and gave the company a “neutral” rating in a report on Friday, August 12th. Finally, Nord/LB set a €19.00 ($20.43) target price on RWE AG and gave the company a “buy” rating in a report on Thursday, August 11th. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of €14.47 ($15.56).
Shares of RWE AG (FRA:RWE) opened at 12.371 on Friday. The company has a 50 day moving average price of €14.06 and a 200 day moving average price of €13.92. The company’s market capitalization is €7.55 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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