RWE (RWE) Given a €19.40 Price Target at Commerzbank
A number of other equities analysts also recently weighed in on RWE. Societe Generale set a €21.60 ($26.67) target price on RWE and gave the stock a neutral rating in a research note on Monday, November 13th. Independent Research set a €22.50 ($27.78) target price on RWE and gave the stock a neutral rating in a research note on Tuesday, November 14th. DZ Bank set a €21.00 ($25.93) target price on RWE and gave the stock a neutral rating in a research note on Tuesday, November 14th. JPMorgan Chase & Co. restated a neutral rating on shares of RWE in a research note on Tuesday, November 14th. Finally, Kepler Capital Markets set a €20.00 ($24.69) target price on RWE and gave the stock a sell rating in a research note on Wednesday, November 15th. One analyst has rated the stock with a sell rating, fourteen have issued a hold rating and twelve have given a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of €20.61 ($25.45).
RWE (RWE) opened at €19.82 ($24.47) on Tuesday. RWE has a 12 month low of €13.63 ($16.83) and a 12 month high of €23.28 ($28.74). The firm has a market capitalization of $11,720.00 and a P/E ratio of -3.48.
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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