RWE (RWE) Given a €23.00 Price Target by Royal Bank of Canada Analysts

Royal Bank of Canada set a €23.00 ($27.38) price objective on RWE (FRA:RWE) in a report published on Thursday. The brokerage currently has a buy rating on the stock.

A number of other research analysts also recently weighed in on RWE. Goldman Sachs Group set a €23.40 ($27.86) target price on RWE and gave the stock a buy rating in a report on Monday, January 15th. Berenberg Bank set a €18.00 ($21.43) target price on RWE and gave the stock a neutral rating in a report on Friday, January 12th. UBS Group set a €20.50 ($24.40) target price on RWE and gave the stock a buy rating in a report on Tuesday, January 9th. JPMorgan Chase & Co. set a €18.50 ($22.02) target price on RWE and gave the stock a neutral rating in a report on Wednesday, January 3rd. Finally, Sanford C. Bernstein set a €22.50 ($26.79) target price on RWE and gave the stock a buy rating in a report on Tuesday, January 9th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and eleven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average price target of €21.40 ($25.47).

RWE (FRA RWE) opened at €17.64 ($20.99) on Thursday. RWE has a twelve month low of €11.97 ($14.25) and a twelve month high of €23.28 ($27.71). The firm has a market capitalization of $10,720.00 and a P/E ratio of -3.09.

TRADEMARK VIOLATION WARNING: This story was reported by Transcript Daily and is owned by of Transcript Daily. If you are viewing this story on another website, it was illegally stolen and republished in violation of United States & international trademark and copyright law. The legal version of this story can be accessed at https://transcriptdaily.com/2018/01/22/rwe-rwe-given-a-23-00-price-target-by-royal-bank-of-canada-analysts.html.

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)

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