RWE (FRA:RWE) has been given a €27.50 ($31.98) price target by equities research analysts at Royal Bank of Canada in a research report issued to clients and investors on Monday. The firm presently has a “buy” rating on the stock. Royal Bank of Canada’s price target indicates a potential upside of 56.07% from the stock’s previous close.

A number of other brokerages have also recently weighed in on RWE. Jefferies Financial Group set a €21.90 ($25.47) price objective on shares of RWE and gave the stock a “neutral” rating in a research note on Wednesday, August 1st. Sanford C. Bernstein set a €25.00 ($29.07) price objective on shares of RWE and gave the stock a “buy” rating in a research note on Monday, July 30th. Morgan Stanley set a €26.00 ($30.23) price objective on shares of RWE and gave the stock a “buy” rating in a research note on Friday, July 20th. BNP Paribas set a €23.80 ($27.67) price objective on shares of RWE and gave the stock a “neutral” rating in a research note on Monday, September 10th. Finally, Berenberg Bank set a €22.50 ($26.16) price objective on shares of RWE and gave the stock a “buy” rating in a research note on Wednesday, July 18th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and seventeen have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of €23.60 ($27.44).

RWE stock opened at €17.62 ($20.49) on Monday. RWE has a 12 month low of €14.35 ($16.69) and a 12 month high of €23.28 ($27.07).

About RWE

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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