RWE (RWE) Given a €22.70 Price Target at Credit Suisse Group
Several other brokerages also recently weighed in on RWE. Goldman Sachs set a €27.60 ($34.07) target price on shares of RWE and gave the company a buy rating in a research note on Monday, November 20th. UBS set a €24.80 ($30.62) target price on shares of RWE and gave the company a buy rating in a research note on Wednesday, November 22nd. Societe Generale set a €22.90 ($28.27) price objective on shares of RWE and gave the company a buy rating in a research note on Friday, December 8th. HSBC set a €18.00 ($22.22) price objective on shares of RWE and gave the company a sell rating in a research note on Monday. Finally, Bank of America set a €21.40 ($26.42) price objective on shares of RWE and gave the company a neutral rating in a research note on Wednesday, November 29th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and fourteen have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of €21.03 ($25.97).
RWE stock opened at €19.82 ($24.46) on Monday. RWE has a one year low of €14.35 ($17.72) and a one year high of €23.28 ($28.74). The firm has a market cap of $12,230.00 and a PE ratio of 6.41.
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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