Societe Generale Reiterates €22.90 Price Target for RWE (RWE)

Societe Generale set a €22.90 ($27.26) price objective on RWE (FRA:RWE) in a report published on Friday. The firm currently has a buy rating on the stock.

A number of other research analysts also recently commented on the stock. Goldman Sachs Group set a €27.60 ($32.86) price objective on shares of RWE and gave the company a buy rating in a research report on Monday, November 20th. Royal Bank Of Canada set a €25.50 ($30.36) price objective on shares of RWE and gave the company a buy rating in a research report on Tuesday, October 3rd. Deutsche Bank set a €22.00 ($26.19) price objective on shares of RWE and gave the company a buy rating in a research report on Wednesday, August 23rd. Kepler Capital Markets set a €18.00 ($21.43) price objective on shares of RWE and gave the company a sell rating in a research report on Monday, September 4th. Finally, Bank of America set a €21.70 ($25.83) price objective on shares of RWE and gave the company a neutral rating in a research report on Friday, September 8th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have assigned a buy rating to the company. RWE presently has a consensus rating of Hold and an average price target of €22.35 ($26.60).

Shares of RWE (RWE) opened at €20.29 ($24.15) on Friday. RWE has a 52-week low of €11.01 ($13.11) and a 52-week high of €23.28 ($27.71).

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RWE Company Profile

RWE Aktiengesellschaft, an electricity and gas company, generates, distributes, and sells electricity, as well as produces, distributes, and sells gas. It operates through Conventional Power Generation, Trading/Gas Midstream, and Innogy segments. The company operates power stations based on lignite, coal, gas, nuclear power, renewable energies, and hydro and biomass; and pumped-storage and run-of-river power plants, as well as generates heat.

Analyst Recommendations for RWE (FRA:RWE)

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