Goldman Sachs Group, Inc. (The) Reiterates €21.10 Price Target for RWE AG (FRA:RWE)
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.
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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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