RWE (FRA:RWE)‘s stock had its “neutral” rating restated by equities research analysts at DZ Bank in a note issued to investors on Monday.
A number of other brokerages also recently commented on RWE. Commerzbank set a €19.40 ($23.95) price target on shares of RWE and gave the company a “buy” rating in a report on Tuesday, February 20th. Morgan Stanley set a €20.10 ($24.81) price target on shares of RWE and gave the company a “neutral” rating in a report on Tuesday, February 13th. Goldman Sachs Group set a €23.40 ($28.89) price target on shares of RWE and gave the company a “buy” rating in a report on Monday, January 15th. Berenberg Bank set a €18.00 ($22.22) price target on shares of RWE and gave the company a “neutral” rating in a report on Friday, January 12th. Finally, JPMorgan Chase & Co. set a €18.50 ($22.84) price target on shares of RWE and gave the company a “neutral” rating in a report on Wednesday, January 3rd. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of €20.61 ($25.45).
Shares of RWE (FRA RWE) traded up €1.50 ($1.85) during trading hours on Monday, hitting €19.50 ($24.07). 30,761,919 shares of the company were exchanged. RWE has a 1 year low of €13.63 ($16.83) and a 1 year high of €23.28 ($28.74). The company has a market cap of $10,990.00 and a P/E ratio of -3.42.
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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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