Jefferies Financial Group set a €20.00 ($23.26) price objective on RWE (FRA:RWE) in a research report sent to investors on Wednesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other analysts have also issued reports on RWE. Independent Research set a €26.00 ($30.23) target price on RWE and gave the stock a neutral rating in a report on Wednesday, July 31st. Kepler Capital Markets set a €18.00 ($20.93) target price on RWE and gave the stock a sell rating in a report on Monday, May 13th. HSBC set a €21.00 ($24.42) target price on RWE and gave the stock a sell rating in a report on Monday, June 24th. UBS Group set a €24.50 ($28.49) target price on RWE and gave the stock a buy rating in a report on Wednesday, May 15th. Finally, Berenberg Bank set a €28.00 ($32.56) target price on RWE and gave the stock a buy rating in a report on Tuesday, July 16th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and twelve have assigned a buy rating to the stock. RWE currently has a consensus rating of Buy and an average price target of €25.29 ($29.41).
RWE opened at €25.57 ($29.73) on Wednesday. RWE has a 52-week low of €14.35 ($16.69) and a 52-week high of €23.28 ($27.07). The business’s 50-day simple moving average is €23.97 and its 200 day simple moving average is €22.98.
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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