Several other equities analysts have also weighed in on RWE. Commerzbank set a €23.10 ($27.50) target price on RWE and gave the company a neutral rating in a research note on Thursday. DZ Bank reissued a neutral rating on shares of RWE in a research note on Tuesday, August 29th. Goldman Sachs Group set a €24.60 ($29.29) target price on RWE and gave the company a buy rating in a research note on Thursday. Independent Research set a €19.50 ($23.21) target price on RWE and gave the company a neutral rating in a research note on Thursday. Finally, Berenberg Bank set a €21.20 ($25.24) target price on RWE and gave the company a neutral rating in a research note on Thursday, September 21st. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and ten have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of €21.86 ($26.03).
Shares of RWE (FRA RWE) opened at €17.02 ($20.26) on Thursday. RWE has a 12-month low of €11.01 ($13.11) and a 12-month high of €23.28 ($27.71).
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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