RWE (FRA:RWE) has been assigned a €23.50 ($27.98) price target by research analysts at Nord/LB in a research report issued to clients and investors on Thursday. The brokerage presently has a “buy” rating on the stock. Nord/LB’s target price indicates a potential upside of 35.64% from the company’s previous close.

Several other research analysts have also issued reports on the company. Goldman Sachs Group set a €27.60 ($32.86) price objective on RWE and gave the stock a “buy” rating in a research note on Monday, November 20th. Royal Bank of Canada set a €25.50 ($30.36) target price on RWE and gave the company a “buy” rating in a research note on Tuesday, October 3rd. UBS set a €24.80 ($29.52) target price on RWE and gave the company a “buy” rating in a research note on Friday, December 1st. Deutsche Bank set a €22.00 ($26.19) target price on RWE and gave the company a “buy” rating in a research note on Wednesday, August 23rd. Finally, Kepler Capital Markets set a €18.00 ($21.43) target price on RWE and gave the company a “sell” rating in a research note on Monday, September 4th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and ten have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of €21.86 ($26.03).

RWE (FRA RWE) traded down €0.75 ($0.89) during trading on Thursday, reaching €17.33 ($20.63). The company’s stock had a trading volume of 19,368,226 shares. RWE has a 1 year low of €11.01 ($13.11) and a 1 year high of €23.28 ($27.71).

COPYRIGHT VIOLATION NOTICE: This piece of content was first posted by Watch List News and is owned by of Watch List News. If you are accessing this piece of content on another publication, it was illegally copied and reposted in violation of United States & international copyright & trademark law. The correct version of this piece of content can be viewed at https://www.watchlistnews.com/rwe-rwe-given-a-23-50-price-target-by-nordlb-analysts/1763664.html.

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.

Analyst Recommendations for RWE (FRA:RWE)

Receive News & Ratings for RWE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RWE and related companies with Analyst Ratings Network's FREE daily email newsletter.