Sanford C. Bernstein Analysts Give RWE (FRA:RWE) a €29.00 Price Target

Sanford C. Bernstein set a €29.00 ($33.72) target price on RWE (FRA:RWE) in a research note released on Friday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

Several other research firms also recently issued reports on RWE. Barclays set a €30.00 ($34.88) price target on shares of RWE and gave the company a buy rating in a research note on Tuesday, September 17th. DZ Bank reaffirmed a buy rating on shares of RWE in a research note on Tuesday, September 17th. Royal Bank of Canada set a €29.00 ($33.72) price target on shares of RWE and gave the company a buy rating in a research note on Wednesday, August 14th. Independent Research set a €29.00 ($33.72) price target on shares of RWE and gave the company a neutral rating in a research note on Tuesday, September 10th. Finally, Oddo Bhf set a €23.90 ($27.79) price target on shares of RWE and gave the company a neutral rating in a research note on Friday, August 2nd. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The stock has a consensus rating of Buy and an average target price of €26.14 ($30.39).

RWE stock opened at €28.19 ($32.78) on Friday. The company has a fifty day moving average price of €25.65 and a 200-day moving average price of €23.56. RWE has a 52-week low of €14.35 ($16.69) and a 52-week 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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