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).
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).
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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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