RWE (RWE) Given a €23.60 Price Target at BNP Paribas

BNP Paribas set a €23.60 ($27.44) price target on RWE (FRA:RWE) in a report issued on Friday. The firm currently has a neutral rating on the stock.

A number of other brokerages have also issued reports on RWE. Jefferies Financial Group set a €21.90 ($25.47) price target on RWE and gave the stock a neutral rating in a research report on Wednesday, August 1st. Sanford C. Bernstein set a €25.00 ($29.07) price target on RWE and gave the stock a buy rating in a research report on Monday, July 30th. Morgan Stanley set a €26.00 ($30.23) price target on RWE and gave the stock a buy rating in a research report on Friday, July 20th. Royal Bank of Canada set a €26.00 ($30.23) price objective on RWE and gave the company a buy rating in a report on Monday, July 9th. Finally, Berenberg Bank set a €22.50 ($26.16) price objective on RWE and gave the company a buy rating in a report on Wednesday, July 18th. Seven investment analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the stock. The company currently has an average rating of Buy and a consensus price target of €23.73 ($27.59).

Shares of RWE stock opened at €21.34 ($24.81) on Friday. RWE has a 1 year low of €14.35 ($16.69) and a 1 year high of €23.28 ($27.07).

About RWE

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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Analyst Recommendations for RWE (FRA:RWE)

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