RWE (RWE) Given a €20.50 Price Target by UBS Group Analysts
UBS Group set a €20.50 ($24.40) price target on RWE (FRA:RWE) in a research report sent to investors on Tuesday morning, www.boersen-zeitung.de reports. The brokerage currently has a buy rating on the stock.
A number of other brokerages have also issued reports on RWE. Deutsche Bank set a €25.00 ($29.76) target price on shares of RWE and gave the company a buy rating in a research note on Thursday, November 9th. Goldman Sachs Group set a €26.50 ($31.55) price target on shares of RWE and gave the company a buy rating in a report on Monday, November 6th. Societe Generale set a €21.60 ($25.71) price target on shares of RWE and gave the company a neutral rating in a report on Monday, November 13th. Commerzbank set a €17.70 ($21.07) price target on shares of RWE and gave the company a sell rating in a report on Tuesday, November 14th. Finally, Independent Research set a €22.50 ($26.79) price target on shares of RWE and gave the company a neutral rating in a report on Tuesday, November 14th. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eleven have given a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of €21.67 ($25.80).
Shares of RWE (RWE) opened at €17.45 ($20.77) on Tuesday. The stock has a market cap of $10,600.00 and a price-to-earnings ratio of -3.06. RWE has a 52 week low of €11.83 ($14.08) and a 52 week high of €23.28 ($27.71).
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RWE 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.
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