UBS Group Analysts Give RWE (RWE) a €20.50 Price Target
UBS Group set a €20.50 ($25.31) price objective on RWE (FRA:RWE) in a report released on Friday, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.
Other equities research analysts have also issued reports about the stock. Societe Generale set a €21.60 ($26.67) target price on shares of RWE and gave the company a neutral rating in a research note on Monday, November 13th. Nord/LB set a €23.50 ($29.01) target price on shares of RWE and gave the company a buy rating in a research note on Thursday, December 14th. Kepler Capital Markets set a €20.00 ($24.69) target price on shares of RWE and gave the company a neutral rating in a research note on Wednesday, January 10th. JPMorgan Chase & Co. reiterated a neutral rating on shares of RWE in a research note on Tuesday, November 14th. Finally, Bank of America set a €21.40 ($26.42) target price on shares of RWE and gave the company a neutral rating in a research note on Wednesday, November 29th. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and twelve have assigned a buy rating to the company. The stock presently has an average rating of Hold and a consensus target price of €20.52 ($25.34).
RWE (RWE) opened at €16.11 ($19.89) on Friday. The stock has a market capitalization of $9,730.00 and a P/E ratio of -2.83. RWE has a 12-month low of €13.63 ($16.83) and a 12-month high of €23.28 ($28.74).
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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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