Sanford C. Bernstein set a €32.50 ($37.79) price target on RWE (FRA:RWE) in a report released on Monday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other research analysts also recently issued reports about the stock. DZ Bank reaffirmed a buy rating on shares of RWE in a report on Friday, March 13th. Nord/LB set a €28.00 ($32.56) price objective on shares of RWE and gave the stock a buy rating in a report on Monday, March 16th. Metzler set a €34.70 ($40.35) price objective on shares of RWE and gave the stock a buy rating in a report on Friday, January 10th. Kepler Capital Markets set a €30.00 ($34.88) price objective on shares of RWE and gave the stock a neutral rating in a report on Monday, January 27th. Finally, Berenberg Bank set a €34.50 ($40.12) price objective on shares of RWE and gave the stock a buy rating in a report on Monday, March 16th. Seven analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The stock has an average rating of Buy and an average price target of €30.72 ($35.72).
RWE opened at €23.96 ($27.86) on Monday. The company has a 50 day moving average of €29.59 and a 200 day moving average of €28.14. RWE has a 12 month low of €14.35 ($16.69) and a 12 month high of €23.28 ($27.07).
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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