RWE AG (RWE) Receives Average Recommendation of “Buy” from Brokerages

Shares of RWE AG (FRA:RWE) have been assigned an average recommendation of “Buy” from the twenty-two research firms that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and seventeen have issued a buy rating on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is €23.57 ($27.41).

A number of equities analysts have issued reports on RWE shares. Royal Bank of Canada set a €27.50 ($31.98) price target on RWE and gave the company a “buy” rating in a research note on Friday, October 5th. Cfra set a €23.00 ($26.74) price target on RWE and gave the company a “buy” rating in a research note on Monday, October 8th. Nord/LB set a €27.00 ($31.40) price target on RWE and gave the company a “buy” rating in a research note on Tuesday, September 25th. Goldman Sachs Group set a €22.40 ($26.05) price target on RWE and gave the company a “buy” rating in a research note on Wednesday, October 24th. Finally, Jefferies Financial Group set a €21.90 ($25.47) price target on RWE and gave the company a “neutral” rating in a research note on Tuesday, August 14th.

Shares of FRA RWE opened at €19.37 ($22.52) 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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