Several other research analysts also recently issued reports on RWE. Goldman Sachs Group set a €30.50 ($35.47) price objective on RWE and gave the stock a buy rating in a report on Wednesday. UBS Group set a €24.50 ($28.49) price objective on RWE and gave the stock a buy rating in a report on Wednesday. JPMorgan Chase & Co. set a €22.00 ($25.58) price objective on RWE and gave the stock a neutral rating in a report on Wednesday. Royal Bank of Canada set a €29.00 ($33.72) price objective on RWE and gave the stock a buy rating in a report on Wednesday. Finally, DZ Bank reaffirmed a buy rating on shares of RWE in a report on Wednesday. One analyst has rated the stock with a sell rating, seven have issued a hold rating and thirteen have issued a buy rating to the company. RWE presently has an average rating of Buy and an average target price of €24.76 ($28.79).
FRA:RWE opened at €23.47 ($27.29) on Wednesday. RWE has a 52-week low of €14.35 ($16.69) and a 52-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.
Featured Story: Find a Trading Strategy That Works
Receive News & Ratings for RWE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RWE and related companies with MarketBeat.com's FREE daily email newsletter.