RWE AG (FRA: RWE)‘s stock had its “buy” rating reaffirmed by investment analysts at AlphaValue in a note issued to investors on Thursday, StockRatingsNetwork reports. They currently have a €35.00 ($45.45) price target on the stock.
RWE AG (FRA: RWE) traded up 0.41% on Thursday, hitting €26.254. RWE AG has a 52-week low of €25.77 and a 52-week high of €36.302. The stock’s 50-day moving average is currently €35.30.
A number of other analysts have also recently weighed in on RWE. Analysts at RBC Capital reiterated an “upgras de ector perform” rating on shares of RWE AG in a research note to investors on Wednesday. They now have a €28.00 ($36.36) price target on the stock. Separately, analysts at Kepler Cheuvreux reiterated a “reduce” rating on shares of RWE AG in a research note to investors on Wednesday, May 29th.
Six research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. RWE AG currently has an average rating of “Hold” and an average price target of €30.50 ($39.61).
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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