Commerzbank Ag Reiterates €17.70 Price Target for RWE AG (RWE)

Commerzbank Ag set a €17.70 ($20.82) price target on RWE AG (FRA:RWE) in a research note issued to investors on Tuesday. The brokerage currently has a sell rating on the stock.

RWE has been the topic of a number of other reports. DZ Bank AG reaffirmed a neutral rating on shares of RWE AG in a research report on Thursday, June 8th. Morgan Stanley set a €20.40 ($24.00) target price on RWE AG and gave the company a neutral rating in a research report on Monday, June 26th. Goldman Sachs Group, Inc. (The) set a €22.80 ($26.82) target price on RWE AG and gave the company a buy rating in a research report on Friday, June 30th. Sanford C. Bernstein set a €17.60 ($20.71) target price on RWE AG and gave the company a neutral rating in a research report on Tuesday, June 6th. Finally, Credit Suisse Group set a €16.40 ($19.29) target price on RWE AG and gave the company a buy rating in a research report on Wednesday, April 26th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have assigned a buy rating to the company. The company currently has a consensus rating of Hold and a consensus target price of €19.70 ($23.18).

RWE AG (FRA:RWE) opened at 20.225 on Tuesday. The company’s 50-day moving average is €18.11 and its 200 day moving average is €16.24. RWE AG has a 1-year low of €11.01 and a 1-year high of €20.74. The stock’s market capitalization is €12.45 billion.

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RWE AG Company Profile

RWE AG is a Germany-based electricity and gas company. It diversifies its activities into seven divisions: Germany, which consists of the Power Generation and Sales and Distribution Networks business area; Netherlands/Belgium; Great Britain; The Central Eastern and South Eastern Europe; Renewables; Upstream Gas and Oil, and Trading/Gas Midstream.

Analyst Recommendations for RWE AG (FRA:RWE)

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