RWE (RWE) PT Set at €23.00 by Independent Research

RWE (FRA:RWE) has been given a €23.00 ($26.74) price target by Independent Research in a report released on Friday. The firm presently has a “neutral” rating on the stock. Independent Research’s price objective would indicate a potential upside of 2.27% from the company’s previous close.

Several other research analysts have also recently issued reports on RWE. UBS Group set a €22.60 ($26.28) target price on RWE and gave the stock a “buy” rating in a research report on Thursday, November 15th. Societe Generale set a €26.80 ($31.16) target price on RWE and gave the stock a “buy” rating in a research report on Friday, November 16th. Cfra set a €23.00 ($26.74) target price on RWE and gave the stock a “buy” rating in a research report on Friday, November 16th. Commerzbank set a €24.80 ($28.84) target price on RWE and gave the stock a “buy” rating in a research report on Wednesday, November 21st. Finally, Goldman Sachs Group set a €23.10 ($26.86) target price on RWE and gave the stock a “buy” rating in a research report on Friday, November 23rd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and seventeen have issued a buy rating to the company’s stock. RWE currently has a consensus rating of “Buy” and an average price target of €24.01 ($27.92).

Shares of FRA:RWE opened at €22.49 ($26.15) on Friday. RWE has a 52-week low of €14.35 ($16.69) and a 52-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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