Morgan Stanley Analysts Give RWE (FRA:RWE) a €32.00 Price Target

Morgan Stanley set a €32.00 ($37.21) price objective on RWE (FRA:RWE) in a report released on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

A number of other equities analysts also recently issued reports on RWE. HSBC set a €24.00 ($27.91) price objective on RWE and gave the stock a sell rating in a research report on Friday, October 11th. Nord/LB set a €31.50 ($36.63) target price on RWE and gave the company a buy rating in a report on Thursday, November 14th. Kepler Capital Markets set a €18.00 ($20.93) target price on RWE and gave the company a sell rating in a report on Monday, November 25th. Credit Suisse Group set a €29.30 ($34.07) target price on shares of RWE and gave the company a neutral rating in a research report on Thursday, November 7th. Finally, Goldman Sachs Group set a €33.00 ($38.37) price target on shares of RWE and gave the stock a buy rating in a report on Thursday, November 14th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average target price of €27.97 ($32.52).

Shares of RWE opened at €25.68 ($29.86) on Monday. The stock’s 50-day moving average price is €26.79 and its two-hundred day moving average price is €25.21. 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.

Read More: Understanding Specialty Certificates of Deposit

Analyst Recommendations for RWE (FRA:RWE)

Receive News & Ratings for RWE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RWE and related companies with MarketBeat.com's FREE daily email newsletter.