RWE AG (RWE) Given a €14.00 Price Target at Berenberg Bank
A number of other research analysts have also recently weighed in on RWE. Societe Generale set a €18.50 ($19.89) price target on shares of RWE AG and gave the company a buy rating in a research report on Wednesday, November 9th. JPMorgan Chase & Co. reaffirmed a buy rating on shares of RWE AG in a research report on Thursday, October 20th. Morgan Stanley set a €15.00 ($16.13) price target on shares of RWE AG and gave the company a neutral rating in a research report on Wednesday, September 7th. DZ Bank AG reaffirmed a neutral rating on shares of RWE AG in a research report on Friday, October 7th. Finally, Commerzbank AG set a €12.00 ($12.90) price target on shares of RWE AG and gave the company a sell rating in a research report on Friday, October 7th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have issued a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of €14.32 ($15.40).
RWE AG (FRA:RWE) traded down 2.007% on Wednesday, hitting €11.965. 21,812 shares of the company were exchanged. The stock’s market cap is €7.31 billion. RWE AG has a 52-week low of €10.00 and a 52-week high of €16.45. The firm has a 50 day moving average of €14.01 and a 200-day moving average of €13.92.
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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