RWE (FRA:RWE) Given a €26.00 Price Target at Royal Bank of Canada

RWE (FRA:RWE) has been assigned a €26.00 ($32.10) price objective by Royal Bank of Canada in a research note issued to investors on Friday, March 23rd. The firm currently has a “buy” rating on the stock. Royal Bank of Canada’s price objective indicates a potential upside of 23.34% from the stock’s current price.

A number of other research firms have also recently weighed in on RWE. Commerzbank set a €19.40 ($23.95) price target on RWE and gave the stock a “buy” rating in a report on Tuesday, February 20th. HSBC set a €18.00 ($22.22) price target on RWE and gave the stock a “sell” rating in a report on Monday, March 19th. Morgan Stanley set a €20.10 ($24.81) price objective on RWE and gave the stock a “neutral” rating in a research note on Tuesday, February 13th. DZ Bank reiterated a “neutral” rating on shares of RWE in a research note on Monday, March 12th. Finally, Goldman Sachs set a €23.40 ($28.89) price objective on RWE and gave the stock a “buy” rating in a research note on Monday, January 15th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and fourteen have assigned a buy rating to the company’s stock. RWE has an average rating of “Hold” and a consensus price target of €21.20 ($26.17).

How to Become a New Pot Stock Millionaire

FRA RWE traded up €0.32 ($0.40) during trading hours on Friday, reaching €21.08 ($26.02). The company’s stock had a trading volume of 5,221,421 shares. RWE has a 1-year low of €14.35 ($17.72) and a 1-year high of €23.28 ($28.74).

ILLEGAL ACTIVITY WARNING: “RWE (FRA:RWE) Given a €26.00 Price Target at Royal Bank of Canada” was first reported by Macon Daily and is the property of of Macon Daily. If you are accessing this piece of content on another website, it was stolen and reposted in violation of U.S. & international copyright law. The original version of this piece of content can be viewed at https://macondaily.com/2018/04/17/royal-bank-of-canada-analysts-give-rwe-rwe-a-26-00-price-target-updated-updated-updated.html.

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.

Analyst Recommendations for RWE (FRA:RWE)

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.

Leave a Reply