Independent Research GmbH set a €17.50 ($19.66) price target on RWE AG (FRA:RWE) in a research report sent to investors on Tuesday morning. The firm currently has a neutral rating on the stock.

Other equities research analysts have also recently issued research reports about the company. Jefferies Group LLC set a €16.00 ($17.98) price objective on RWE AG and gave the stock a buy rating in a report on Monday, January 30th. Macquarie set a €17.50 ($19.66) target price on RWE AG and gave the company a buy rating in a report on Monday, January 30th. Royal Bank of Canada set a €17.50 ($19.66) target price on RWE AG and gave the company a buy rating in a report on Monday, January 30th. Morgan Stanley set a €15.50 ($17.42) target price on RWE AG and gave the company a buy rating in a report on Monday, February 20th. Finally, Bank of America Corp set a €16.00 ($17.98) target price on RWE AG and gave the company a buy rating in a report on Friday, February 3rd. Eleven analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. RWE AG has a consensus rating of Buy and a consensus price target of €16.57 ($18.61).

Analyst Recommendations for RWE AG (FRA:RWE)

Shares of RWE AG (FRA:RWE) opened at 17.513 on Tuesday. The stock’s market cap is €10.77 billion. RWE AG has a 52-week low of €11.01 and a 52-week high of €17.56. The firm has a 50-day moving average price of €15.86 and a 200-day moving average price of €13.60.

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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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