RWE AG (RWE) PT Set at €22.00 by Barclays PLC
RWE AG (FRA:RWE) has been assigned a €22.00 ($26.19) price target by investment analysts at Barclays PLC in a research note issued to investors on Tuesday. The firm currently has a “neutral” rating on the stock.
RWE has been the subject of a number of other reports. Independent Research GmbH set a €20.50 ($24.40) price objective on RWE AG and gave the stock a “neutral” rating in a report on Monday, June 26th. Goldman Sachs Group, Inc. (The) set a €22.80 ($27.14) price objective on RWE AG and gave the stock a “buy” rating in a report on Friday, June 16th. HSBC Holdings plc set a €22.50 ($26.79) price objective on RWE AG and gave the stock a “buy” rating in a report on Thursday, June 15th. Societe Generale set a €22.40 ($26.67) price objective on RWE AG and gave the stock a “buy” rating in a report on Thursday, June 8th. Finally, DZ Bank AG reissued a “neutral” rating on shares of RWE AG in a report on Friday, June 23rd. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twelve have issued a buy rating to the company. RWE AG currently has a consensus rating of “Hold” and a consensus price target of €20.18 ($24.02).
Shares of RWE AG (RWE) opened at 20.782 on Tuesday. The firm’s market capitalization is €12.79 billion. The firm’s 50-day moving average price is €18.63 and its 200-day moving average price is €16.56. RWE AG has a 12 month low of €11.01 and a 12 month high of €21.17.
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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