RWE AG (RWE) Given Consensus Recommendation of “Buy” by Analysts

RWE AG (FRA:RWE) has received a consensus rating of “Buy” from the twenty-one research firms that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have assigned a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is €24.69 ($28.70).

RWE has been the subject of several analyst reports. Nord/LB set a €27.00 ($31.40) price objective on shares of RWE and gave the stock a “buy” rating in a research note on Friday, March 15th. 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 note on Tuesday, March 26th. Kepler Capital Markets set a €18.00 ($20.93) price target on shares of RWE and gave the company a “sell” rating in a research note on Friday, March 22nd. Barclays set a €27.00 ($31.40) price target on shares of RWE and gave the company a “buy” rating in a research note on Monday, January 28th. Finally, Royal Bank of Canada set a €29.00 ($33.72) price target on shares of RWE and gave the company a “buy” rating in a research note on Friday, April 26th.

Shares of FRA RWE opened at €22.90 ($26.63) on Monday. RWE has a 1 year low of €14.35 ($16.69) and a 1 year 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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