Sanford C. Bernstein Analysts Give RWE (FRA:RWE) a €27.50 Price Target

RWE (FRA:RWE) received a €27.50 ($31.98) target price from research analysts at Sanford C. Bernstein in a research report issued on Wednesday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Sanford C. Bernstein’s target price would indicate a potential upside of 8.57% from the stock’s previous close.

Other research analysts also recently issued research reports about the stock. Macquarie set a €30.00 ($34.88) price objective on shares of RWE and gave the company a “buy” rating in a research note on Monday, June 17th. Jefferies Financial Group set a €20.00 ($23.26) price objective on shares of RWE and gave the company a “neutral” rating in a research note on Wednesday. Oddo Bhf set a €23.90 ($27.79) price objective on shares of RWE and gave the company a “neutral” rating in a research note on Friday, August 2nd. Goldman Sachs Group set a €33.00 ($38.37) price objective on shares of RWE and gave the company a “buy” rating in a research note on Wednesday. Finally, Barclays set a €27.00 ($31.40) price objective on shares of RWE and gave the company a “buy” rating in a research note on Tuesday, July 30th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of €25.29 ($29.41).

Shares of FRA RWE traded down €0.05 ($0.06) on Wednesday, reaching €25.33 ($29.45). 1,792,796 shares of the company traded hands. RWE has a fifty-two week low of €14.35 ($16.69) and a fifty-two week high of €23.28 ($27.07). The firm’s 50 day moving average is €23.74.



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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