JPMorgan Chase & Co. set a €22.00 ($25.58) price objective on RWE (FRA:RWE) in a research note issued to investors on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other equities research analysts also recently commented on RWE. Oddo Bhf set a €23.90 ($27.79) target price on shares of RWE and gave the stock a neutral rating in a research report on Friday, August 2nd. Royal Bank of Canada set a €29.00 ($33.72) target price on shares of RWE and gave the stock a buy rating in a research report on Wednesday, August 14th. UBS Group set a €31.00 ($36.05) target price on shares of RWE and gave the stock a buy rating in a research report on Monday, October 14th. DZ Bank reiterated a buy rating on shares of RWE in a research report on Tuesday, September 17th. Finally, Goldman Sachs Group set a €33.00 ($38.37) target price on shares of RWE and gave the stock a buy rating in a research report on Friday, November 1st. Two analysts have rated the stock with a sell rating, six have given a hold rating and ten have given a buy rating to the company’s stock. RWE has an average rating of Hold and a consensus target price of €27.25 ($31.68).
FRA:RWE traded down €0.08 ($0.09) during mid-day trading on Thursday, hitting €25.71 ($29.90). 3,890,239 shares of the company’s stock were exchanged. The company has a 50 day simple moving average of €27.38 and a 200-day simple moving average of €24.82. RWE has a fifty-two week low of €14.35 ($16.69) and a fifty-two week 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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