RWE AG (FRA:RWE) Stock Rating Reaffirmed by Deutsche Bank AG
RWE AG (FRA:RWE)‘s stock had its “buy” rating restated by equities researchers at Deutsche Bank AG in a research note issued on Friday.
RWE has been the topic of a number of other research reports. Barclays PLC set a €14.10 ($16.59) target price on RWE AG and gave the company a “neutral” rating in a report on Monday, May 15th. Jefferies Group LLC set a €18.00 ($21.18) target price on RWE AG and gave the company a “buy” rating in a report on Monday, April 24th. Independent Research GmbH set a €20.50 ($24.12) target price on RWE AG and gave the company a “neutral” rating in a report on Monday, June 26th. Goldman Sachs Group, Inc. (The) set a €22.80 ($26.82) target price on RWE AG and gave the company a “buy” rating in a report on Friday, June 16th. Finally, HSBC Holdings plc set a €22.50 ($26.47) target price on RWE AG and gave the company a “buy” rating in a report on Thursday, June 15th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have given a buy rating to the stock. RWE AG currently has a consensus rating of “Hold” and an average target price of €19.31 ($22.72).
Shares of RWE AG (RWE) opened at 18.777 on Friday. The company has a 50-day moving average of €18.03 and a 200-day moving average of €15.99. The stock’s market capitalization is €11.54 billion. RWE AG has a 12-month low of €11.01 and a 12-month high of €20.30.
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RWE AG Company Profile
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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