HSBC Analysts Give RWE AG (RWE) a €10.50 Price Target
RWE AG (FRA:RWE) has been given a €10.50 ($11.29) price target by analysts at HSBC in a research report issued on Monday. The brokerage presently has a “sell” rating on the stock.
Other analysts also recently issued research reports about the stock. Nord/LB set a €19.00 ($20.43) price target on shares of RWE AG and gave the company a “buy” rating in a report on Tuesday, September 13th. Societe Generale set a €20.00 ($21.51) price objective on shares of RWE AG and gave the stock a “buy” rating in a research note on Wednesday, August 3rd. JPMorgan Chase & Co. set a €14.00 ($15.05) price objective on shares of RWE AG and gave the stock a “buy” rating in a research note on Friday, August 12th. S&P Global Inc. set a €17.00 ($18.28) price objective on shares of RWE AG and gave the stock a “buy” rating in a research note on Friday, August 12th. Finally, Macquarie set a €20.00 ($21.51) price objective on shares of RWE AG and gave the stock a “buy” rating in a research note on Monday, September 12th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of €14.25 ($15.32).
RWE AG (FRA:RWE) opened at 11.347 on Monday. The firm has a 50-day moving average of €13.33 and a 200-day moving average of €13.88. RWE AG has a 1-year low of €10.00 and a 1-year high of €16.45. The stock’s market cap is €7.03 billion.
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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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