RWE AG (RWE) PT Set at €22.50 by Independent Research GmbH
RWE AG (FRA:RWE) has been given a €22.50 ($26.16) target price by equities researchers at Independent Research GmbH in a research note issued on Tuesday. The firm presently has a “neutral” rating on the stock. Independent Research GmbH’s price target would suggest a potential upside of 5.41% from the stock’s previous close.
Other research analysts have also issued reports about the stock. Oddo Bhf set a €23.00 ($26.74) target price on shares of RWE AG and gave the company a “buy” rating in a report on Tuesday, August 15th. DZ Bank AG reissued a “buy” rating on shares of RWE AG in a report on Monday, August 14th. HSBC Holdings plc set a €22.50 ($26.16) target price on shares of RWE AG and gave the company a “buy” rating in a report on Thursday, July 27th. Goldman Sachs Group, Inc. (The) set a €21.10 ($24.53) target price on shares of RWE AG and gave the company a “buy” rating in a report on Thursday, July 20th. Finally, Deutsche Bank AG reissued a “buy” rating and issued a target price on shares of RWE AG in a report on Friday, August 11th. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have given a buy rating to the company. RWE AG presently has an average rating of “Hold” and an average price target of €21.40 ($24.88).
RWE AG (RWE) opened at €21.35 ($24.82) on Tuesday. RWE AG has a fifty-two week low of €11.01 ($12.80) and a fifty-two week high of €23.28 ($27.07).
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About RWE AG
RWE Aktiengesellschaft, an electricity and gas company, generates, distributes, and sells electricity, as well as produces, distributes, and sells gas. It operates through Conventional Power Generation, Trading/Gas Midstream, and Innogy segments. The company operates power stations based on lignite, coal, gas, nuclear power, renewable energies, and hydro and biomass; and pumped-storage and run-of-river power plants, as well as generates heat.
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