RWE AG (RWE) Given a €12.00 Price Target by Deutsche Bank AG Analysts
RWE AG (FRA:RWE) has been given a €12.00 ($12.90) price objective by investment analysts at Deutsche Bank AG in a note issued to investors on Monday. The brokerage presently has a “neutral” rating on the stock.
Several other analysts have also recently commented on the company. Societe Generale set a €18.50 ($19.89) target price on RWE AG and gave the stock 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. DZ Bank AG reaffirmed a “neutral” rating on shares of RWE AG in a research report on Friday, October 7th. Morgan Stanley set a €15.00 ($16.13) target price on RWE AG and gave the stock a “neutral” rating in a research report on Wednesday, September 7th. Finally, Commerzbank AG set a €12.00 ($12.90) price objective on RWE AG and gave the company a “sell” rating in a research report on Friday, October 7th. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of €14.17 ($15.23).
Shares of RWE AG (FRA:RWE) opened at 11.525 on Monday. The firm’s market cap is €7.14 billion. RWE AG has a 52 week low of €10.00 and a 52 week high of €16.45. The firm’s 50-day moving average price is €13.33 and its 200-day moving average price is €13.88.
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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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