RWE AG’s “Buy” Rating Reaffirmed at AlphaValue (RWE)

AlphaValue restated their buy rating on shares of RWE AG (FRA: RWE) in a report issued on Thursday, StockRatingsNetwork.com reports. They currently have a €36.00 ($46.75) target price on the stock.

Several other analysts have also recently commented on the stock. Analysts at RBC Capital reiterated a sector perform rating on shares of RWE AG in a research note to investors on Monday, May 20th. They now have a €28.00 ($36.36) price target on the stock. Separately, analysts at Deutsche Bank reiterated a sell rating on shares of RWE AG in a research note to investors on Wednesday, May 15th. They now have a €27.00 ($35.06) price target on the stock. Finally, analysts at Societe Generale reiterated a sell rating on shares of RWE AG in a research note to investors on Tuesday, May 14th. They now have a €24.00 ($31.17) price target on the stock.

Five analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of €30.59 ($39.73).

Shares of RWE AG (FRA: RWE) traded up 0.46% during mid-day trading on Thursday, hitting €27.401. RWE AG has a one year low of €25.84 and a one year high of €36.302. The stock’s 50-day moving average is currently €35.30.

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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