RWE (RWE) Given a €24.00 Price Target at Independent Research

Independent Research set a €24.00 ($27.91) price objective on RWE (FRA:RWE) in a research report sent to investors on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other brokerages have also weighed in on RWE. Sanford C. Bernstein set a €27.50 ($31.98) target price on shares of RWE and gave the company a buy rating in a research report on Tuesday, March 26th. Berenberg Bank set a €26.00 ($30.23) target price on shares of RWE and gave the company a buy rating in a research report on Tuesday, April 9th. JPMorgan Chase & Co. set a €22.00 ($25.58) target price on shares of RWE and gave the company a neutral rating in a research report on Monday, April 8th. Goldman Sachs Group set a €29.50 ($34.30) target price on shares of RWE and gave the company a buy rating in a research report on Friday, March 22nd. Finally, Oddo Bhf set a €23.60 ($27.44) target price on shares of RWE and gave the company a neutral rating in a research report on Thursday. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. The stock has an average rating of Buy and an average target price of €24.76 ($28.79).

Shares of RWE stock opened at €23.47 ($27.29) on Thursday. RWE has a twelve month low of €14.35 ($16.69) and a twelve month high of €23.28 ($27.07).

RWE Company Profile

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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