RWE AG (FRA:RWE)‘s stock had its “neutral” rating reaffirmed by equities research analysts at DZ Bank AG in a report released on Friday.
Other research analysts have also recently issued research reports about the stock. Societe Generale set a €20.00 ($22.22) price target on shares of RWE AG and gave the company a “buy” rating in a report on Tuesday, June 28th. Nord/LB reiterated a “buy” rating on shares of RWE AG in a report on Friday, June 24th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of RWE AG in a report on Friday, July 1st. Jefferies Group set a €17.00 ($18.89) price target on shares of RWE AG and gave the company a “buy” rating in a report on Monday, July 11th. Finally, S&P Global Inc. set a €17.00 ($18.89) price target on shares of RWE AG and gave the company a “buy” rating in a report on Friday, August 12th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of €14.81 ($16.46).
Shares of RWE AG (FRA:RWE) opened at 13.363 on Friday. The stock has a 50 day moving average of €14.73 and a 200 day moving average of €13.57. RWE AG has a 1-year low of €10.00 and a 1-year high of €16.45. The company’s market cap is €8.16 billion.
About RWE AG
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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