Citigroup Inc. set a €19.60 ($23.06) price objective on RWE AG (FRA:RWE) in a report issued on Wednesday morning. The firm currently has a neutral rating on the stock.

A number of other research analysts have also issued reports on RWE. UBS AG set a €17.50 ($20.59) price objective on RWE AG and gave the company a neutral rating in a research report on Monday, August 14th. Deutsche Bank AG restated a buy rating and set a price objective on shares of RWE AG in a research report on Friday, August 11th. Goldman Sachs Group, Inc. (The) set a €21.10 ($24.82) price objective on RWE AG and gave the company a buy rating in a research report on Friday, July 28th. Morgan Stanley restated a neutral rating on shares of RWE AG in a research report on Thursday, July 27th. Finally, HSBC Holdings plc set a €22.50 ($26.47) price objective on RWE AG and gave the company a buy rating in a research report on Thursday, July 27th. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have issued a buy rating to the company. The stock has a consensus rating of Hold and a consensus price target of €21.20 ($24.95).

Shares of RWE AG (RWE) opened at €22.28 ($26.21) on Wednesday. RWE AG has a twelve month low of €11.01 ($12.95) and a twelve month high of €22.29 ($26.22).

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RWE AG 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 AG (FRA:RWE)

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