RWE AG (RWE) Receives €23.67 Consensus PT from Brokerages

RWE AG (FRA:RWE) has received a consensus rating of “Buy” from the twenty-five ratings firms that are covering the company, MarketBeat Ratings reports. Eight analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is €23.67 ($27.53).

Several analysts have issued reports on RWE shares. Societe Generale set a €25.40 ($29.53) target price on shares of RWE and gave the company a “buy” rating in a research note on Tuesday, June 5th. Nord/LB set a €23.50 ($27.33) target price on shares of RWE and gave the company a “buy” rating in a research note on Friday, June 8th. Macquarie set a €25.00 ($29.07) target price on shares of RWE and gave the company a “buy” rating in a research note on Friday, June 15th. Sanford C. Bernstein set a €25.00 ($29.07) target price on shares of RWE and gave the company a “buy” rating in a research note on Monday, June 18th. Finally, Oddo Bhf set a €24.30 ($28.26) target price on shares of RWE and gave the company a “buy” rating in a research note on Thursday, June 21st.

FRA:RWE traded up €0.08 ($0.09) during trading hours on Wednesday, hitting €21.56 ($25.07). 2,150,070 shares of the stock traded hands. 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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