RWE (RWE) PT Set at €23.10 by Commerzbank
RWE (FRA:RWE) has been given a €23.10 ($27.50) price objective by analysts at Commerzbank in a research note issued to investors on Thursday. The firm currently has a “neutral” rating on the stock. Commerzbank’s price target indicates a potential upside of 37.46% from the stock’s current price.
A number of other equities research analysts also recently issued reports on RWE. Goldman Sachs Group set a €24.60 ($29.29) target price on shares of RWE and gave the stock a “buy” rating in a research report on Thursday. Independent Research set a €19.50 ($23.21) price target on shares of RWE and gave the company a “neutral” rating in a report on Thursday. DZ Bank restated a “neutral” rating on shares of RWE in a report on Tuesday, August 29th. Societe Generale set a €18.80 ($22.38) price target on shares of RWE and gave the company a “neutral” rating in a report on Thursday. Finally, Berenberg Bank set a €21.20 ($25.24) price target on shares of RWE and gave the company a “neutral” rating in a report on Thursday, September 21st. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and ten have given a buy rating to the company’s stock. RWE currently has an average rating of “Hold” and a consensus target price of €21.86 ($26.03).
Shares of RWE (FRA:RWE) opened at €16.81 ($20.01) on Thursday. RWE has a 12-month low of €11.01 ($13.11) and a 12-month 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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