Goldman Sachs Group, Inc. (The) Reiterates “€23.70” Price Target for RWE AG (RWE)

Goldman Sachs Group, Inc. (The) set a €23.70 ($28.21) price target on RWE AG (FRA:RWE) in a research report released on Thursday. The firm currently has a buy rating on the stock.

A number of other analysts have also weighed in on the company. Deutsche Bank AG set a €22.00 ($26.19) price objective on RWE AG and gave the stock a buy rating in a research report on Wednesday, August 23rd. UBS AG set a €17.50 ($20.83) price objective on RWE AG and gave the stock a neutral rating in a research report on Friday, July 7th. Morgan Stanley set a €20.40 ($24.29) price objective on RWE AG and gave the stock a neutral rating in a research report on Tuesday, July 18th. Barclays PLC set a €22.00 ($26.19) price objective on RWE AG and gave the stock a neutral rating in a research report on Tuesday, August 29th. Finally, BNP Paribas set a €19.00 ($22.62) price objective on RWE AG and gave the stock a neutral rating in a research report on Thursday, June 29th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have given a buy rating to the company’s stock. RWE AG currently has a consensus rating of Hold and a consensus target price of €20.98 ($24.98).

RWE AG (FRA:RWE) opened at 20.246 on Thursday. The stock’s market capitalization is €12.46 billion. RWE AG has a 12-month low of €11.01 and a 12-month high of €21.60. The firm’s 50-day moving average price is €20.03 and its 200 day moving average price is €17.51.

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RWE AG Company Profile

RWE AG is a Germany-based electricity and gas company. It diversifies its activities into seven divisions: Germany, which consists of the Power Generation and Sales and Distribution Networks business area; Netherlands/Belgium; Great Britain; The Central Eastern and South Eastern Europe; Renewables; Upstream Gas and Oil, and Trading/Gas Midstream.

Analyst Recommendations for RWE AG (FRA:RWE)

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