RWE (RWE) Given a €29.50 Price Target at Goldman Sachs Group

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Goldman Sachs Group set a €29.50 ($34.30) target price on RWE (FRA:RWE) in a research report report published on Friday. The brokerage currently has a buy rating on the stock.

A number of other brokerages have also recently issued reports on RWE. Nord/LB set a €27.00 ($31.40) target price on shares of RWE and gave the stock a buy rating in a report on Friday, March 15th. Independent Research set a €23.00 ($26.74) price target on RWE and gave the company a neutral rating in a report on Friday, March 15th. DZ Bank reaffirmed a buy rating on shares of RWE in a report on Thursday, March 14th. Royal Bank of Canada set a €23.00 ($26.74) price target on RWE and gave the company a buy rating in a report on Thursday, March 14th. Finally, UBS Group set a €24.50 ($28.49) price target on RWE and gave the company a buy rating in a report on Thursday, March 14th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and fifteen have assigned a buy rating to the stock. The stock currently has an average rating of Buy and an average target price of €24.15 ($28.08).

Shares of FRA RWE opened at €24.33 ($28.29) on Friday. RWE has a 52-week low of €14.35 ($16.69) and a 52-week 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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