RWE (RWE) Given a €23.50 Price Target by Nord/LB Analysts
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).
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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