UBS Group Analysts Give RWE (FRA:RWE) a €24.50 Price Target

UBS Group set a €24.50 ($28.49) price target on RWE (FRA:RWE) in a report released on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Other analysts have also issued reports about the stock. HSBC set a €21.00 ($24.42) price objective on shares of RWE and gave the company a sell rating in a research note on Monday, June 24th. JPMorgan Chase & Co. set a €22.00 ($25.58) price objective on shares of RWE and gave the company a neutral rating in a research note on Wednesday, July 31st. 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. 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. Finally, Kepler Capital Markets set a €18.00 ($20.93) price objective on shares of RWE and gave the company a sell rating in a research note on Monday, May 13th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and twelve have issued a buy rating to the company. RWE currently has a consensus rating of Buy and a consensus price target of €25.29 ($29.41).

RWE stock opened at €25.57 ($29.73) on Wednesday. RWE has a one year low of €14.35 ($16.69) and a one year high of €23.28 ($27.07). The firm has a 50-day moving average of €23.97 and a two-hundred day moving average of €22.98.



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.

Further Reading: Gross Domestic Product (GDP)

Analyst Recommendations for RWE (FRA:RWE)

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