RWE AG (RWE) Receives Average Rating of “Buy” from Analysts
RWE AG (FRA:RWE) has earned a consensus recommendation of “Buy” from the twenty-three analysts that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and seventeen have issued a buy recommendation on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is €23.75 ($27.62).
A number of research analysts recently weighed in on the company. Sanford C. Bernstein set a €23.00 ($26.74) price objective on RWE and gave the company a “buy” rating in a research report on Monday, January 28th. Independent Research set a €20.00 ($23.26) price target on RWE and gave the company a “neutral” rating in a report on Friday, December 14th. Jefferies Financial Group set a €24.60 ($28.60) target price on RWE and gave the stock a “buy” rating in a report on Friday, November 2nd. Royal Bank of Canada set a €23.00 ($26.74) price objective on RWE and gave the stock a “buy” rating in a research note on Wednesday, November 14th. Finally, Kepler Capital Markets set a €18.00 ($20.93) target price on RWE and gave the company a “sell” rating in a research report on Thursday, October 18th.
Shares of RWE stock opened at €21.55 ($25.06) on Friday. RWE has a 1-year low of €14.35 ($16.69) and a 1-year 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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