RWE AG (RWE) PT Set at €14.60 by Morgan Stanley
RWE AG (FRA:RWE) has been given a €14.60 ($15.70) price objective by equities researchers at Morgan Stanley in a report issued on Tuesday. The brokerage presently has a a “neutral” rating on the stock.
Several other research firms have also commented on RWE. JPMorgan Chase & Co. set a €14.00 ($15.05) price objective on RWE AG and gave the stock a “buy” rating in a research report on Friday, August 12th. Berenberg Bank set a €10.50 ($11.29) price objective on RWE AG and gave the stock a “sell” rating in a research report on Wednesday, July 20th. Nord/LB set a €19.00 ($20.43) price objective on RWE AG and gave the stock a “buy” rating in a research report on Tuesday, September 27th. Independent Research GmbH set a €13.50 ($14.52) price objective on RWE AG and gave the stock a “neutral” rating in a research report on Friday, November 11th. Finally, Societe Generale set a €18.50 ($19.89) price objective on RWE AG and gave the stock a “buy” rating in a research report on Wednesday, November 9th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of €14.32 ($15.40).
RWE AG (FRA:RWE) opened at 12.21 on Tuesday. The company has a 50 day moving average of €14.01 and a 200-day moving average of €13.92. The stock’s market capitalization is €7.46 billion. RWE AG has a 12-month low of €10.00 and a 12-month 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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