RWE AG’s “Reduce” Rating Reaffirmed at Kepler Cheuvreux (RWE)

Kepler Cheuvreux reiterated their reduce rating on shares of RWE AG (FRA: RWE) in a research note released on Wednesday morning, AnalystRatingsNetwork.com reports.

Shares of RWE AG (FRA: RWE) opened at 26.426 on Wednesday. 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 €0..

RWE has been the subject of a number of other recent research reports. Analysts at AlphaValue reiterated a buy rating on shares of RWE AG in a research note to investors on Thursday, May 23rd. They now have a €36.00 ($46.75) price target on the stock. Separately, 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. Finally, 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.

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

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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