RWE (RWE) Given a €21.00 Price Target at JPMorgan Chase & Co.
RWE (FRA:RWE) received a €21.00 ($24.42) target price from stock analysts at JPMorgan Chase & Co. in a report issued on Wednesday. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price objective indicates a potential upside of 11.88% from the stock’s current price.
RWE has been the topic of a number of other reports. Jefferies Financial Group set a €21.90 ($25.47) target price on RWE and gave the stock a “neutral” rating in a report on Wednesday, August 1st. Sanford C. Bernstein set a €25.00 ($29.07) target price on RWE and gave the stock a “buy” rating in a report on Monday, July 30th. Morgan Stanley set a €26.00 ($30.23) target price on RWE and gave the stock a “buy” rating in a report on Friday, July 20th. BNP Paribas set a €23.80 ($27.67) target price on RWE and gave the stock a “neutral” rating in a report on Monday, September 10th. Finally, Berenberg Bank set a €22.50 ($26.16) target price on RWE and gave the stock a “buy” rating in a report on Wednesday, July 18th. One analyst has rated the stock with a sell rating, five have issued a hold rating and seventeen have issued a buy rating to the company’s stock. RWE has a consensus rating of “Buy” and an average price target of €23.38 ($27.18).
RWE stock opened at €18.77 ($21.83) on Wednesday. RWE has a 52-week low of €14.35 ($16.69) and a 52-week high of €23.28 ($27.07).
RWE Aktiengesellschaft supplies electricity and gas. It operates through four segments: Lignite & Nuclear; European Power; Supply & Trading; and Innogy. The company operates power stations based on lignite, coal, gas, nuclear power, renewable energies, and hydro and biomass; and operates and maintains solar farms, as well as generates heat.
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