DZ Bank reissued their buy rating on shares of RWE (FRA:RWE) in a research note released on Wednesday morning, Borsen Zeitung reports.

A number of other research analysts also recently weighed in on RWE. Macquarie set a €30.00 ($34.88) price objective on shares of RWE and gave the company a buy rating in a research report on Monday, June 17th. Oddo Bhf set a €23.90 ($27.79) price objective on shares of RWE and gave the company a neutral rating in a research report on Friday, August 2nd. UBS Group set a €24.50 ($28.49) price objective on shares of RWE and gave the company a buy rating in a research report on Wednesday. Goldman Sachs Group set a €33.00 ($38.37) price objective on shares of RWE and gave the company a buy rating in a research report on Wednesday. Finally, Independent Research set a €26.00 ($30.23) price objective on shares of RWE and gave the company a neutral rating in a research report on Wednesday, July 31st. Two research analysts have rated the stock with a sell rating, six have given a hold rating and twelve have given a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average price target of €25.29 ($29.41).

FRA:RWE opened at €25.57 ($29.73) on Wednesday. The company’s 50 day moving average price is €23.97 and its 200-day moving average price is €22.98. RWE has a 52 week low of €14.35 ($16.69) and a 52 week high of €23.28 ($27.07).

RWE Company Profile

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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Analyst Recommendations for RWE (FRA:RWE)

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