UBS Group set a €22.60 ($26.28) price objective on RWE (FRA:RWE) in a report issued on Friday, www.boersen-zeitung.de reports. The firm currently has a buy rating on the stock.
Several other research firms have also recently weighed in on RWE. DZ Bank reiterated a buy rating on shares of RWE in a report on Wednesday, September 26th. Societe Generale set a €25.20 ($29.30) price target on shares of RWE and gave the company a buy rating in a report on Monday, August 20th. Royal Bank of Canada set a €26.00 ($30.23) price target on shares of RWE and gave the company a buy rating in a report on Tuesday, August 14th. Jefferies Financial Group set a €24.60 ($28.60) price target on shares of RWE and gave the company a buy rating in a report on Friday, November 2nd. Finally, Cfra set a €23.00 ($26.74) price target on shares of RWE and gave the company a buy rating in a report on Monday, October 8th. One research analyst has rated the stock with a sell rating, four have given a hold rating and seventeen have issued a buy rating to the company. RWE currently has an average rating of Buy and a consensus price target of €23.57 ($27.41).
FRA:RWE opened at €19.07 ($22.17) on Friday. RWE has a twelve month low of €14.35 ($16.69) and a twelve month 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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