RWE AG (FRA:RWE) has received a consensus recommendation of “Buy” from the twenty brokerages that are presently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, six have given a hold recommendation and twelve have issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is €25.29 ($29.41).
RWE has been the subject of several recent analyst reports. Goldman Sachs Group set a €33.00 ($38.37) price objective on RWE and gave the company a “buy” rating in a report on Monday, August 5th. Oddo Bhf set a €23.90 ($27.79) price objective on RWE and gave the company a “neutral” rating in a report on Friday, August 2nd. Nord/LB set a €31.50 ($36.63) price objective on RWE and gave the company a “buy” rating in a report on Tuesday, July 30th. JPMorgan Chase & Co. set a €22.00 ($25.58) price objective on RWE and gave the company a “neutral” rating in a report on Wednesday, July 31st. Finally, Barclays set a €27.00 ($31.40) price objective on RWE and gave the company a “buy” rating in a report on Tuesday, July 30th.
Shares of FRA RWE traded down €0.03 ($0.03) during trading hours on Friday, hitting €25.68 ($29.86). The company had a trading volume of 3,191,915 shares. RWE has a 1-year low of €14.35 ($16.69) and a 1-year high of €23.28 ($27.07). The firm’s 50 day moving average price is €23.50.
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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