RWE (FRA:RWE) received a €22.60 ($26.28) price target from analysts at UBS Group in a research report issued to clients and investors on Thursday, www.boersen-zeitung.de reports. The brokerage presently has a “buy” rating on the stock. UBS Group’s target price points to a potential upside of 14.81% from the company’s current price.
A number of other brokerages also recently issued reports on RWE. DZ Bank reiterated a “buy” rating on shares of RWE in a research note on Wednesday, September 26th. Nord/LB set a €27.00 ($31.40) price objective on RWE and gave the company a “buy” rating in a research note on Wednesday, September 19th. BNP Paribas set a €23.60 ($27.44) price objective on RWE and gave the company a “neutral” rating in a research note on Friday, September 21st. Kepler Capital Markets set a €20.00 ($23.26) price objective on RWE and gave the company a “sell” rating in a research note on Thursday, September 27th. Finally, Sanford C. Bernstein set a €25.00 ($29.07) price objective on RWE and gave the company a “buy” rating in a research note on Monday, October 1st. One research analyst has rated the stock with a sell rating, five have given a hold rating and sixteen have given a buy rating to the stock. RWE currently has a consensus rating of “Buy” and a consensus target price of €23.41 ($27.22).
FRA RWE opened at €19.69 ($22.89) on Thursday. RWE has a 52 week low of €14.35 ($16.69) and a 52 week 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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