Berenberg Bank set a €18.00 ($21.43) price objective on RWE (FRA:RWE) in a research note issued to investors on Friday morning. The brokerage currently has a neutral rating on the stock.

A number of other analysts have also issued reports on the company. Deutsche Bank set a €27.00 ($32.14) target price on RWE and gave the stock a buy rating in a research report on Wednesday, December 6th. Goldman Sachs Group set a €27.60 ($32.86) target price on RWE and gave the stock a buy rating in a research report on Monday, November 20th. UBS Group set a €24.80 ($29.52) target price on RWE and gave the stock a buy rating in a research report on Friday, December 1st. Societe Generale set a €22.90 ($27.26) target price on RWE and gave the stock a buy rating in a research report on Friday, December 8th. Finally, Royal Bank of Canada set a €25.50 ($30.36) target price on RWE and gave the stock a buy rating in a research report on Tuesday, October 3rd. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and eleven have given a buy rating to the company’s stock. The company has an average rating of Hold and an average target price of €21.50 ($25.59).

Shares of RWE (FRA:RWE) opened at €17.65 ($21.01) on Friday. RWE has a 52-week low of €11.97 ($14.25) and a 52-week high of €23.28 ($27.71). The stock has a market capitalization of $10,770.00 and a PE ratio of -3.10.

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RWE Company Profile

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.

Analyst Recommendations for RWE (FRA:RWE)

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