RWE AG (FRA:RWE) Given a €17.70 Price Target at Commerzbank Ag
RWE AG (FRA:RWE) has been given a €17.70 ($20.82) price target by equities researchers at Commerzbank Ag in a research note issued on Tuesday. The brokerage currently has a “sell” rating on the stock.
Other research analysts have also issued reports about the company. Macquarie set a €18.00 ($21.18) price objective on RWE AG and gave the stock a “buy” rating in a research note on Friday, April 21st. Deutsche Bank AG set a €13.50 ($15.88) price objective on RWE AG and gave the stock a “neutral” rating in a research note on Friday, April 21st. UBS AG set a €13.00 ($15.29) price objective on RWE AG and gave the stock a “sell” rating in a research note on Monday, May 15th. DZ Bank AG reiterated a “neutral” rating on shares of RWE AG in a research note on Monday, May 15th. Finally, Oddo Securities set a €18.50 ($21.76) price objective on RWE AG and gave the stock a “buy” rating in a research note on Tuesday, May 16th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and twelve have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of €19.40 ($22.83).
RWE AG (FRA RWE) opened at 19.385 on Tuesday. The firm’s market cap is €11.92 billion. The stock’s 50 day moving average is €17.97 and its 200 day moving average is €16.11. RWE AG has a one year low of €11.01 and a one year high of €20.30.
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RWE AG Company Profile
RWE AG is a Germany-based electricity and gas company. It diversifies its activities into seven divisions: Germany, which consists of the Power Generation and Sales and Distribution Networks business area; Netherlands/Belgium; Great Britain; The Central Eastern and South Eastern Europe; Renewables; Upstream Gas and Oil, and Trading/Gas Midstream.
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