Goldman Sachs Group set a €30.50 ($35.47) price target on RWE (FRA:RWE) in a research report sent to investors on Wednesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other research firms also recently issued reports on RWE. Sanford C. Bernstein set a €27.50 ($31.98) target price on shares of RWE and gave the company a buy rating in a research report on Tuesday, March 26th. Berenberg Bank set a €26.00 ($30.23) target price on shares of RWE and gave the company a buy rating in a research report on Tuesday, April 9th. JPMorgan Chase & Co. set a €22.00 ($25.58) target price on shares of RWE and gave the company a neutral rating in a research report on Monday, April 8th. Kepler Capital Markets set a €18.00 ($20.93) target price on shares of RWE and gave the company a sell rating in a research report on Friday, March 22nd. Finally, UBS Group set a €24.50 ($28.49) target price on shares of RWE and gave the company a buy rating in a research report on Wednesday. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have given a buy rating to the company. RWE has an average rating of Buy and a consensus target price of €24.69 ($28.70).
Shares of RWE stock traded up €0.31 ($0.36) during trading on Wednesday, reaching €23.63 ($27.48). 2,628,596 shares of the company traded hands. RWE has a 1-year low of €14.35 ($16.69) and a 1-year 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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