RWE (RWE) PT Set at €22.00 by JPMorgan Chase & Co.

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JPMorgan Chase & Co. set a €22.00 ($25.58) target price on RWE (FRA:RWE) in a research note published on Wednesday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

RWE has been the subject of a number of other research reports. HSBC set a €21.00 ($24.42) target price on shares of RWE and gave the company a neutral rating in a research note on Monday, January 28th. Goldman Sachs Group set a €29.50 ($34.30) target price on shares of RWE and gave the company a buy rating in a research note on Friday, March 22nd. Royal Bank of Canada set a €23.00 ($26.74) target price on shares of RWE and gave the company a buy rating in a research note on Thursday, March 14th. Berenberg Bank set a €24.00 ($27.91) target price on shares of RWE and gave the company a buy rating in a research note on Monday, January 21st. Finally, Jefferies Financial Group set a €24.60 ($28.60) target price on shares of RWE and gave the company a buy rating in a research note on Wednesday, January 23rd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have given a buy rating to the company’s stock. RWE presently has a consensus rating of Buy and an average target price of €24.69 ($28.70).

Shares of FRA:RWE traded up €0.31 ($0.36) during trading on Wednesday, reaching €23.63 ($27.48). 2,628,596 shares of the company traded hands. RWE has a 1-year low of €14.35 ($16.69) and a 1-year high of €23.28 ($27.07).

RWE Company Profile

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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