RWE AG (RWE) Given a €18.10 Price Target at Societe Generale
RWE AG (FRA:RWE) has been given a €18.10 ($19.89) price objective by analysts at Societe Generale in a research note issued on Tuesday. The firm presently has a a “buy” rating on the stock.
Several other research firms have also recently weighed in on RWE. HSBC set a €13.50 ($14.84) price objective on shares of RWE AG and gave the company a “sell” rating in a research report on Thursday, July 7th. BNP Paribas set a €14.00 ($15.38) price objective on shares of RWE AG and gave the company a “neutral” rating in a research report on Tuesday, July 5th. Citigroup Inc. set a €16.00 ($17.58) price objective on shares of RWE AG and gave the company a “neutral” rating in a research report on Tuesday, July 5th. Kepler Capital Markets set a €10.00 ($10.99) price objective on shares of RWE AG and gave the company a “sell” rating in a research report on Friday, July 1st. Finally, DZ Bank AG restated a “sell” rating on shares of RWE AG in a research report on Friday, July 1st. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have issued a buy rating to the stock. RWE AG has a consensus rating of “Hold” and a consensus target price of €14.81 ($16.28).
RWE AG (FRA:RWE) opened at 14.22 on Tuesday. The company has a 50-day moving average of €14.59 and a 200 day moving average of €13.66. The firm’s market cap is €8.68 billion. RWE AG has a 12-month low of €10.00 and a 12-month high of €16.45.
About RWE AG
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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