RWE AG (RWE) Given a €18.10 Price Target at Societe Generale
A number of other equities research analysts also recently issued reports on RWE. HSBC set a €11.50 ($12.78) price target on shares of RWE AG and gave the company a sell rating in a research note on Friday, June 10th. Independent Research GmbH set a €13.50 ($15.00) price objective on shares of RWE AG and gave the company a neutral rating in a report on Friday, June 10th. Credit Suisse Group AG set a €10.80 ($12.00) price objective on shares of RWE AG and gave the company a neutral rating in a report on Monday, June 13th. Berenberg Bank set a €10.50 ($11.67) price objective on shares of RWE AG and gave the company a sell rating in a report on Tuesday, June 14th. Finally, Morgan Stanley set a €15.00 ($16.67) price objective on shares of RWE AG and gave the company a neutral rating in a report on Tuesday, June 14th. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have issued a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of €14.81 ($16.46).
RWE AG (FRA:RWE) traded up 0.037% on Friday, hitting €13.404. 38,493 shares of the company’s stock were exchanged. The company’s market cap is €8.18 billion. RWE AG has a 12-month low of €10.00 and a 12-month high of €16.45. The company’s 50-day moving average price is €14.76 and its 200-day moving average price is €13.51.
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.
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