Jefferies Financial Group set a €24.60 ($28.60) price target on RWE (FRA:RWE) in a research note released on Friday morning. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts also recently weighed in on RWE. Oddo Bhf set a €24.30 ($28.26) price target on RWE and gave the stock a buy rating in a research note on Thursday, June 21st. UBS Group set a €20.50 ($23.84) price target on RWE and gave the stock a buy rating in a research note on Tuesday, June 26th. Nord/LB set a €23.50 ($27.33) price target on RWE and gave the stock a buy rating in a research note on Wednesday, June 27th. Bank of America set a €27.00 ($31.40) price target on RWE and gave the stock a buy rating in a research note on Thursday, July 5th. Finally, Royal Bank of Canada set a €26.00 ($30.23) price target on RWE and gave the stock a buy rating in a research note on Monday, July 9th. One analyst has rated the stock with a sell rating, six have given a hold rating and seventeen have assigned a buy rating to the stock. The company has a consensus rating of Buy and an average price target of €23.42 ($27.23).

Shares of RWE traded up €0.37 ($0.43) during midday trading on Friday, reaching €18.00 ($20.92). 5,177,857 shares of the stock were exchanged. RWE has a 12-month low of €14.35 ($16.69) and a 12-month high of €23.28 ($27.07).

About RWE

RWE Aktiengesellschaft supplies electricity and gas. It operates through four segments: Lignite & Nuclear; European Power; Supply & Trading; and Innogy. The company operates power stations based on lignite, coal, gas, nuclear power, renewable energies, and hydro and biomass; and operates and maintains solar farms, as well as generates heat.

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Analyst Recommendations for RWE (FRA:RWE)

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