Sanford C. Bernstein set a €32.50 ($37.79) target price on RWE (FRA:RWE) in a report issued on Monday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
RWE has been the subject of several other research reports. Kepler Capital Markets set a €30.00 ($34.88) price target on shares of RWE and gave the stock a neutral rating in a report on Monday, January 27th. Berenberg Bank set a €34.50 ($40.12) price target on shares of RWE and gave the stock a buy rating in a report on Monday, March 16th. Jefferies Financial Group set a €25.50 ($29.65) price target on shares of RWE and gave the stock a neutral rating in a report on Wednesday, March 18th. Morgan Stanley set a €40.00 ($46.51) price target on shares of RWE and gave the stock a buy rating in a report on Thursday, February 13th. Finally, UBS Group set a €35.00 ($40.70) price target on shares of RWE and gave the stock a buy rating in a report on Friday, March 13th. Seven research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. RWE presently has a consensus rating of Buy and an average price target of €30.72 ($35.72).
RWE stock opened at €23.96 ($27.86) on Monday. RWE has a 52-week low of €14.35 ($16.69) and a 52-week high of €23.28 ($27.07). The firm has a 50 day moving average price of €29.59 and a two-hundred day moving average price of €28.14.
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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