RWE (RWE) PT Set at €22.00 by JPMorgan Chase & Co.
RWE (FRA:RWE) received a €22.00 ($25.58) price target from JPMorgan Chase & Co. in a research report issued to clients and investors on Monday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target suggests a potential downside of 7.76% from the company’s current price.
RWE has been the topic of several other reports. UBS Group set a €22.60 ($26.28) target price on shares of RWE and gave the stock a “buy” rating in a research note on Thursday, January 17th. Sanford C. Bernstein set a €27.50 ($31.98) price target on shares of RWE and gave the company a “buy” rating in a research report on Tuesday, March 26th. Goldman Sachs Group set a €29.50 ($34.30) price target on shares of RWE and gave the stock a “buy” rating in a research note on Friday, April 5th. DZ Bank reaffirmed a “buy” rating on shares of RWE in a research report on Wednesday, December 12th. Finally, Kepler Capital Markets set a €18.00 ($20.93) price objective on RWE and gave the company a “sell” rating in a research note on Thursday, January 24th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and fifteen have issued a buy rating to the company. RWE currently has a consensus rating of “Buy” and an average target price of €24.43 ($28.40).
FRA RWE opened at €23.85 ($27.73) on Monday. RWE has a one year low of €14.35 ($16.69) and a one year high of €23.28 ($27.07).
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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