RWE (RWE) Given a €24.60 Price Target by Jefferies Financial Group Analysts

Jefferies Financial Group set a €24.60 ($28.60) target price on RWE (FRA:RWE) in a research report sent to investors on Thursday morning. The brokerage currently has a buy rating on the stock.

Several other research analysts have also recently weighed in on the company. Societe Generale set a €26.80 ($31.16) price objective on RWE and gave the stock a buy rating in a research report on Wednesday. Goldman Sachs Group set a €22.40 ($26.05) price objective on RWE and gave the stock a buy rating in a research report on Tuesday, October 30th. Royal Bank of Canada set a €23.00 ($26.74) price objective on RWE and gave the stock a buy rating in a research report on Wednesday, October 24th. Sanford C. Bernstein set a €24.50 ($28.49) price objective on RWE and gave the stock a buy rating in a research report on Friday, October 19th. Finally, Kepler Capital Markets set a €18.00 ($20.93) price objective on RWE and gave the stock a sell rating in a research report on Thursday, October 18th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seventeen have assigned a buy rating to the company’s stock. RWE currently has a consensus rating of Buy and an average target price of €23.38 ($27.18).

Shares of RWE stock traded up €0.14 ($0.16) on Thursday, hitting €18.57 ($21.59). 3,983,855 shares of the stock were exchanged. RWE has a fifty-two week low of €14.35 ($16.69) and a fifty-two week 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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