RWE AG (RWE) PT Set at €23.50 by Nord/LB
RWE AG (FRA:RWE) has been assigned a €23.50 ($27.33) price objective by stock analysts at Nord/LB in a report issued on Wednesday. The brokerage presently has a “buy” rating on the stock. Nord/LB’s price target indicates a potential upside of 18.06% from the company’s current price.
Other equities research analysts also recently issued research reports about the stock. The Goldman Sachs Group, Inc. set a €21.10 ($24.53) price objective on shares of RWE AG and gave the company a “buy” rating in a research report on Thursday, July 20th. Credit Suisse Group set a €17.90 ($20.81) price objective on shares of RWE AG and gave the company a “neutral” rating in a research report on Tuesday, August 15th. Societe Generale set a €21.60 ($25.12) price objective on shares of RWE AG and gave the company a “neutral” rating in a research report on Monday. Barclays PLC set a €19.10 ($22.21) price objective on shares of RWE AG and gave the company a “neutral” rating in a research report on Tuesday, August 15th. Finally, Morgan Stanley reaffirmed a “neutral” rating on shares of RWE AG in a research report on Thursday, July 27th. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have given a buy rating to the company’s stock. RWE AG has a consensus rating of “Hold” and an average target price of €21.68 ($25.20).
Shares of RWE AG (FRA:RWE) opened at €19.91 ($23.15) on Wednesday. RWE AG has a 1 year low of €11.01 ($12.80) and a 1 year high of €23.28 ($27.07).
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About RWE AG
RWE Aktiengesellschaft, an electricity and gas company, generates, distributes, and sells electricity, as well as produces, distributes, and sells gas. It operates through Conventional Power Generation, Trading/Gas Midstream, and Innogy segments. The company operates power stations based on lignite, coal, gas, nuclear power, renewable energies, and hydro and biomass; and pumped-storage and run-of-river power plants, as well as generates heat.
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