Goldman Sachs Group, Inc. (The) set a €21.10 ($24.25) price objective on RWE AG (FRA:RWE) in a report issued on Thursday morning. The firm currently has a buy rating on the stock.

Several other equities research analysts have also weighed in on the company. Sanford C. Bernstein set a €19.50 ($22.41) target price on RWE AG and gave the stock a neutral rating in a research report on Wednesday. Morgan Stanley set a €20.40 ($23.45) target price on RWE AG and gave the stock a neutral rating in a research report on Tuesday, July 18th. UBS AG set a €17.50 ($20.11) target price on RWE AG and gave the stock a neutral rating in a research report on Friday, July 7th. Deutsche Bank AG set a €22.00 ($25.29) target price on RWE AG and gave the stock a buy rating in a research report on Friday, July 7th. Finally, Nord/LB set a €21.00 ($24.14) target price on RWE AG and gave the stock a buy rating in a research report on Tuesday, July 4th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirteen have given a buy rating to the stock. RWE AG has a consensus rating of Hold and an average price target of €19.31 ($22.19).

Shares of RWE AG (RWE) opened at 17.33 on Thursday. RWE AG has a 52 week low of €11.01 and a 52 week high of €20.30. The stock’s market cap is €10.65 billion. The stock’s 50 day moving average price is €18.50 and its 200-day moving average price is €15.39.

WARNING: This article was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this article on another publication, it was illegally copied and republished in violation of US & international copyright & trademark law. The original version of this article can be viewed at https://www.thecerbatgem.com/2017/07/23/goldman-sachs-group-inc-the-reiterates-21-10-price-target-for-rwe-ag-frarwe.html.

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.

Analyst Recommendations for RWE AG (FRA:RWE)

Receive News & Stock Ratings for RWE AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RWE AG and related stocks with our FREE daily email newsletter.