Commerzbank Analysts Give RWE (RWE) a €23.10 Price Target

Commerzbank set a €23.10 ($27.50) target price on RWE (FRA:RWE) in a report issued on Thursday morning. The brokerage currently has a neutral rating on the stock.

A number of other analysts have also recently issued reports on RWE. Independent Research set a €19.50 ($23.21) price objective on RWE and gave the company a neutral rating in a research report on Thursday. Goldman Sachs Group set a €24.60 ($29.29) price objective on RWE and gave the company a buy rating in a research report on Thursday. DZ Bank reaffirmed a neutral rating on shares of RWE in a research report on Tuesday, August 29th. Societe Generale set a €18.80 ($22.38) price objective on RWE and gave the company a neutral rating in a research report on Thursday. Finally, Berenberg Bank set a €21.20 ($25.24) price objective on RWE and gave the company a neutral rating in a research report on Thursday, September 21st. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and ten have assigned a buy rating to the company. RWE currently has a consensus rating of Hold and a consensus price target of €21.86 ($26.03).

Shares of RWE (RWE) opened at €16.81 ($20.01) on Thursday. 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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About RWE

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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