RWE (FRA:RWE) received a €23.00 ($26.74) target price from equities researchers at Independent Research in a research report issued on Friday. The firm currently has a “neutral” rating on the stock. Independent Research’s price objective would suggest a potential upside of 2.27% from the company’s current price.

RWE has been the topic of several other research reports. Cfra set a €23.00 ($26.74) target price on RWE and gave the company a “buy” rating in a research report on Friday, November 16th. HSBC set a €21.00 ($24.42) target price on RWE and gave the company a “neutral” rating in a research report on Monday, January 28th. Jefferies Financial Group set a €24.60 ($28.60) target price on RWE and gave the company a “buy” rating in a research report on Monday, December 17th. Royal Bank of Canada set a €23.00 ($26.74) target price on RWE and gave the company a “buy” rating in a research report on Monday, November 26th. Finally, Morgan Stanley set a €21.50 ($25.00) target price on RWE and gave the company a “buy” rating in a research report on Thursday, December 13th. One analyst has rated the stock with a sell rating, five have issued a hold rating and seventeen have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of €24.01 ($27.92).

FRA RWE opened at €22.49 ($26.15) on Friday. RWE has a fifty-two week low of €14.35 ($16.69) and a fifty-two week high of €23.28 ($27.07).

About RWE

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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Analyst Recommendations for RWE (FRA:RWE)

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