RWE AG (RWE) Given a €21.10 Price Target at Goldman Sachs Group, Inc. (The)
RWE AG (FRA:RWE) received a €21.10 ($24.25) price objective from stock analysts at Goldman Sachs Group, Inc. (The) in a research note issued to investors on Thursday. The brokerage presently has a “buy” rating on the stock.
Several other brokerages have also issued reports on RWE. Credit Suisse Group set a €14.70 ($16.90) target price on RWE AG and gave the company a “buy” rating in a research note on Tuesday, April 4th. Oddo Securities set a €18.50 ($21.26) target price on RWE AG and gave the company a “buy” rating in a research note on Friday, March 31st. Kepler Capital Markets set a €16.00 ($18.39) target price on RWE AG and gave the company a “buy” rating in a research note on Thursday, March 30th. Commerzbank Ag set a €15.00 ($17.24) target price on RWE AG and gave the company a “neutral” rating in a research note on Thursday, March 30th. Finally, Independent Research GmbH set a €15.70 ($18.05) target price on RWE AG and gave the company a “neutral” rating in a research note on Wednesday, March 29th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have assigned a buy rating to the stock. RWE AG currently has an average rating of “Hold” and a consensus target price of €19.31 ($22.19).
RWE AG (RWE) opened at 17.33 on Thursday. RWE AG has a one year low of €11.01 and a one year high of €20.30. The firm’s market capitalization is €10.65 billion. The firm has a 50-day moving average price of €18.50 and a 200-day moving average price of €15.39.
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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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