Nord/LB Analysts Give RWE (FRA:RWE) a €31.50 Price Target

RWE (FRA:RWE) has been given a €31.50 ($36.63) price objective by equities researchers at Nord/LB in a report issued on Wednesday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Nord/LB’s price objective would indicate a potential upside of 24.36% from the company’s current price.

Other analysts have also issued research reports about the company. UBS Group set a €24.50 ($28.49) target price on RWE and gave the stock a “buy” rating in a report on Wednesday. HSBC set a €21.00 ($24.42) target price on RWE and gave the stock a “sell” rating in a report on Monday, June 24th. Goldman Sachs Group set a €33.00 ($38.37) price objective on RWE and gave the company a “buy” rating in a research note on Wednesday. JPMorgan Chase & Co. set a €22.00 ($25.58) price objective on RWE and gave the company a “neutral” rating in a research note on Wednesday. Finally, Kepler Capital Markets set a €18.00 ($20.93) price objective on RWE and gave the company a “sell” rating in a research note on Monday, May 13th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and twelve have issued a buy rating to the stock. RWE presently has a consensus rating of “Buy” and an average target price of €25.29 ($29.41).

RWE traded down €0.05 ($0.06) on Wednesday, hitting €25.33 ($29.45). 1,792,796 shares of the company were exchanged. RWE has a 12 month low of €14.35 ($16.69) and a 12 month high of €23.28 ($27.07). The company has a fifty day moving average price of €23.74.

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.

Featured Story: What is systematic risk?

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.