RWE AG’s Sector Perform Rating Reaffirmed at RBC Capital (RWE)
RWE AG (FRA: RWE)‘s stock had its “sector perform” rating reiterated by investment analysts at RBC Capital in a note issued to investors on Thursday. They currently have a $35.90 (€28) target price on the stock.
Shares of RWE AG (FRA: RWE) traded up 2.66% during mid-day trading on Thursday, hitting €29.699. RWE AG has a one year low of €26.445 and a one year high of €36.872. The stock’s 50-day moving average is currently €35.30.
A number of other analysts have also recently weighed in on RWE. Analysts at Commerzbank Corporates & Markets reiterated a “hold” rating on shares of RWE AG in a research note to investors on Tuesday, March 12th. They now have a $37.66 price target on the stock. Separately, analysts at Main First Bank AG downgraded shares of RWE AG to an “underperform” rating in a research note to investors on Friday, March 1st. They now have a $37.01 price target on the stock. Finally, analysts at Independent Research GmbH reiterated a “hold” rating on shares of RWE AG in a research note to investors on Thursday, February 28th. They now have a $38.16 price target on the stock.
Four research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $40.52 (€32).
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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