RWE (RWE) PT Set at €23.50 by Nord/LB
RWE (FRA:RWE) has been assigned a €23.50 ($27.98) price target by stock analysts at Nord/LB in a research note issued on Thursday. The brokerage currently has a “buy” rating on the stock. Nord/LB’s target price would indicate a potential upside of 39.84% from the company’s previous close.
RWE has been the topic of several other research reports. Goldman Sachs Group set a €23.70 ($28.21) price target on RWE and gave the stock a “buy” rating in a report on Monday, August 21st. BNP Paribas set a €19.00 ($22.62) price target on RWE and gave the stock a “neutral” rating in a report on Monday, September 11th. Barclays set a €22.00 ($26.19) price target on RWE and gave the stock a “neutral” rating in a report on Tuesday, August 29th. set a €23.50 ($27.98) price target on RWE and gave the stock a “buy” rating in a report on Friday, August 25th. Finally, Independent Research set a €20.50 ($24.40) price target on RWE and gave the stock a “neutral” rating in a report on Thursday, September 28th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and ten have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of €21.86 ($26.03).
RWE (FRA:RWE) opened at €16.81 ($20.01) on Thursday. RWE has a fifty-two week low of €11.01 ($13.11) and a fifty-two week high of €23.28 ($27.71).
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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