Several other equities analysts have also weighed in on the company. Deutsche Bank set a €27.00 ($33.33) price objective on RWE and gave the company a buy rating in a report on Wednesday, December 6th. Goldman Sachs Group set a €27.60 ($34.07) price objective on RWE and gave the company a buy rating in a report on Monday, November 20th. UBS Group set a €24.80 ($30.62) price objective on RWE and gave the company a buy rating in a report on Friday, December 1st. Societe Generale set a €22.90 ($28.27) target price on RWE and gave the stock a buy rating in a research report on Friday, December 8th. Finally, Berenberg Bank set a €18.00 ($22.22) target price on RWE and gave the stock a neutral rating in a research report on Friday, January 12th. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating and twelve have given a buy rating to the company’s stock. RWE presently has a consensus rating of Hold and an average target price of €20.52 ($25.34).
RWE (FRA:RWE) opened at €16.46 ($20.31) on Tuesday. RWE has a twelve month low of €12.97 ($16.01) and a twelve month high of €23.28 ($28.74). The firm has a market capitalization of $9,930.00 and a price-to-earnings ratio of -2.89.
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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