Kepler Capital Markets Reiterates “€18.00” Price Target for RWE (FRA:RWE)
Kepler Capital Markets set a €18.00 ($20.93) target price on RWE (FRA:RWE) in a report published on Thursday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.
Several other equities analysts also recently weighed in on the company. Nord/LB set a €31.50 ($36.63) price target on RWE and gave the company a buy rating in a report on Thursday. Goldman Sachs Group set a €33.00 ($38.37) price target on RWE and gave the company a buy rating in a report on Thursday. HSBC set a €24.00 ($27.91) price target on RWE and gave the company a sell rating in a report on Friday, October 11th. JPMorgan Chase & Co. set a €22.00 ($25.58) price target on RWE and gave the company a neutral rating in a report on Thursday. Finally, Independent Research set a €29.00 ($33.72) price target on RWE and gave the company a neutral rating in a report on Tuesday, October 1st. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and ten have given a buy rating to the company’s stock. RWE presently has an average rating of Hold and an average price target of €27.25 ($31.68).
Shares of FRA:RWE traded down €0.08 ($0.09) on Thursday, hitting €25.71 ($29.90). 3,890,239 shares of the company traded hands. RWE has a 52 week low of €14.35 ($16.69) and a 52 week high of €23.28 ($27.07). The stock has a 50 day simple moving average of €27.38 and a 200-day simple moving average of €24.82.
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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