RWE AG (RWE) PT Set at €10.50 by HSBC
RWE AG (FRA:RWE) received a €10.50 ($11.05) target price from investment analysts at HSBC in a note issued to investors on Monday. The brokerage presently has a “sell” rating on the stock.
Several other equities analysts have also weighed in on RWE. Kepler Capital Markets set a €10.00 ($10.53) price objective on shares of RWE AG and gave the company a “sell” rating in a report on Thursday, August 11th. JPMorgan Chase & Co. set a €14.00 ($14.74) price objective on shares of RWE AG and gave the company a “buy” rating in a report on Friday, August 12th. Nord/LB set a €19.00 ($20.00) price objective on shares of RWE AG and gave the company a “buy” rating in a report on Tuesday, September 13th. Commerzbank AG set a €12.00 ($12.63) price objective on shares of RWE AG and gave the company a “sell” rating in a report on Friday, September 23rd. Finally, Goldman Sachs Group Inc. set a €14.00 ($14.74) target price on shares of RWE AG and gave the stock a “neutral” rating in a research report on Wednesday, November 16th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of €14.00 ($14.74).
Shares of RWE AG (FRA:RWE) opened at 12.035 on Monday. The firm’s market capitalization is €7.46 billion. The firm’s 50-day moving average is €13.25 and its 200 day moving average is €13.91. 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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