RWE (FRA:RWE) PT Set at €31.00 by UBS Group

RWE (FRA:RWE) received a €31.00 ($36.05) price objective from investment analysts at UBS Group in a research note issued on Monday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. UBS Group’s price objective would indicate a potential upside of 14.56% from the stock’s current price.

Other equities analysts also recently issued research reports about the company. HSBC set a €24.00 ($27.91) price target on RWE and gave the stock a “sell” rating in a research report on Friday. Barclays set a €30.00 ($34.88) price target on RWE and gave the stock a “buy” rating in a research report on Tuesday, September 17th. Royal Bank of Canada set a €29.00 ($33.72) price target on RWE and gave the stock a “buy” rating in a research report on Wednesday, August 14th. DZ Bank reiterated a “buy” rating on shares of RWE in a research report on Tuesday, September 17th. Finally, Independent Research set a €29.00 ($33.72) price target on RWE and gave the stock a “neutral” rating in a research report on Tuesday, October 1st. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the company. The company has an average rating of “Buy” and an average target price of €26.44 ($30.74).

Shares of RWE stock opened at €27.06 ($31.47) on Monday. The business’s 50 day moving average is €26.90 and its two-hundred day moving average is €24.22. RWE has a 12-month low of €14.35 ($16.69) and a 12-month high of €23.28 ($27.07).

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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