Sanford C. Bernstein Analysts Give RWE (FRA:RWE) a €27.00 Price Target

Sanford C. Bernstein set a €27.00 ($31.40) price target on RWE (FRA:RWE) in a report released on Tuesday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

RWE has been the subject of several other reports. Nord/LB set a €31.50 ($36.63) price objective on RWE and gave the company a buy rating in a research report on Wednesday, August 14th. Macquarie set a €30.00 ($34.88) price objective on RWE and gave the company a buy rating in a research report on Monday, June 17th. DZ Bank reissued a buy rating on shares of RWE in a research report on Wednesday, August 14th. UBS Group set a €24.50 ($28.49) price objective on RWE and gave the company a buy rating in a research report on Wednesday, August 14th. Finally, Independent Research set a €26.00 ($30.23) price objective on RWE and gave the company a neutral rating in a research report on Wednesday, July 31st. Two analysts have rated the stock with a sell rating, six have issued a hold rating and twelve have assigned a buy rating to the company. RWE presently has an average rating of Buy and a consensus price target of €25.42 ($29.56).

RWE opened at €25.58 ($29.74) on Tuesday. RWE has a 1-year low of €14.35 ($16.69) and a 1-year high of €23.28 ($27.07). The business has a 50 day moving average of €24.39 and a 200-day moving average of €23.07.

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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