Goldman Sachs Group set a €23.40 ($27.86) price objective on RWE (FRA:RWE) in a research note released on Monday morning. The brokerage currently has a buy rating on the stock.

A number of other brokerages also recently issued reports on RWE. Berenberg Bank set a €18.00 ($21.43) price target on RWE and gave the stock a neutral rating in a research report on Friday. JPMorgan Chase & Co. set a €18.50 ($22.02) price target on RWE and gave the stock a neutral rating in a research report on Wednesday, January 3rd. Kepler Capital Markets set a €18.00 ($21.43) price target on RWE and gave the stock a sell rating in a research report on Monday, September 25th. DZ Bank reaffirmed a neutral rating on shares of RWE in a research report on Thursday, December 14th. Finally, Independent Research set a €19.50 ($23.21) price target on RWE and gave the stock a neutral rating in a research report on Thursday, December 14th. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eleven have given a buy rating to the stock. The company has a consensus rating of Hold and a consensus target price of €21.50 ($25.59).

Shares of RWE (FRA RWE) traded down €0.02 ($0.02) during mid-day trading on Monday, hitting €17.71 ($21.08). The stock had a trading volume of 5,000,953 shares. The firm has a market capitalization of $10,840.00 and a P/E ratio of -3.11. RWE has a 1-year low of €11.97 ($14.25) and a 1-year high of €23.28 ($27.71).

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RWE Company Profile

RWE Aktiengesellschaft, an electricity and gas company, generates, distributes, and sells electricity, as well as produces, distributes, and sells gas. It operates through Conventional Power Generation, Trading/Gas Midstream, and Innogy segments. The company operates power stations based on lignite, coal, gas, nuclear power, renewable energies, and hydro and biomass; and pumped-storage and run-of-river power plants, as well as generates heat.

Analyst Recommendations for RWE (FRA:RWE)

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