RWE AG (RWE) Given a €22.00 Price Target by Barclays PLC Analysts
RWE AG (FRA:RWE) has been given a €22.00 ($26.19) price objective by equities researchers at Barclays PLC in a report issued on Wednesday. The brokerage currently has a “neutral” rating on the stock.
Other equities research analysts have also recently issued reports about the company. Kepler Capital Markets set a €18.00 ($21.43) price objective on RWE AG and gave the stock a “neutral” rating in a research note on Friday, June 2nd. UBS AG set a €13.00 ($15.48) price objective on RWE AG and gave the stock a “sell” rating in a research note on Monday, May 29th. Independent Research GmbH set a €17.50 ($20.83) price objective on RWE AG and gave the stock a “neutral” rating in a research note on Tuesday, May 23rd. J P Morgan Chase & Co set a €18.50 ($22.02) price objective on RWE AG and gave the stock a “neutral” rating in a research note on Thursday, June 8th. Finally, Macquarie set a €22.00 ($26.19) price objective on RWE AG and gave the stock a “buy” rating in a research note on Thursday, June 8th. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have issued a buy rating to the company. RWE AG currently has an average rating of “Hold” and a consensus target price of €20.98 ($24.98).
RWE AG (RWE) opened at 20.231 on Wednesday. The firm has a 50-day moving average price of €20.03 and a 200-day moving average price of €17.51. The company’s market cap is €12.45 billion. RWE AG has a 12-month low of €11.01 and a 12-month high of €21.60.
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About RWE AG
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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