RWE AG (RWE) PT Set at €14.80 by Societe Generale
RWE AG (FRA:RWE) has been assigned a €14.80 ($15.58) price objective by Societe Generale in a research note issued to investors on Tuesday. The firm presently has a “buy” rating on the stock.
Other equities analysts have also recently issued research reports about the company. DZ Bank AG reissued a “sell” rating on shares of RWE AG in a report on Thursday, August 11th. HSBC set a €10.50 ($11.05) price target on RWE AG and gave the stock a “sell” rating in a report on Monday. Deutsche Bank AG set a €12.00 ($12.63) price target on RWE AG and gave the stock a “neutral” rating in a report on Monday. Goldman Sachs Group Inc. set a €14.00 ($14.74) price target on RWE AG and gave the stock a “neutral” rating in a report on Tuesday. Finally, JPMorgan Chase & Co. set a €14.00 ($14.74) price target on RWE AG and gave the stock a “buy” rating in a report on Friday, August 12th. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have given a buy rating to the company. RWE AG has an average rating of “Hold” and a consensus target price of €14.00 ($14.74).
Shares of RWE AG (FRA:RWE) opened at 11.968 on Tuesday. RWE AG has a 52-week low of €10.00 and a 52-week high of €16.45. The firm’s market cap is €7.41 billion. The stock’s 50 day moving average price is €13.25 and its 200-day moving average price is €13.91.
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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