Barclays Analysts Give RWE (FRA:RWE) a €30.00 Price Target

Barclays set a €30.00 ($34.88) price target on RWE (FRA:RWE) in a research report sent to investors on Thursday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts have also issued reports on RWE. Royal Bank of Canada set a €29.00 ($33.72) target price on shares of RWE and gave the company a buy rating in a research note on Wednesday, August 14th. 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 note on Wednesday, August 14th. Sanford C. Bernstein set a €29.00 ($33.72) target price on shares of RWE and gave the company a buy rating in a research note on Monday, October 14th. UBS Group set a €31.00 ($36.05) target price on shares of RWE and gave the company a buy rating in a research note on Monday, October 14th. Finally, Credit Suisse Group set a €29.30 ($34.07) target price on shares of RWE and gave the company a neutral rating in a research note on Thursday, November 7th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and ten have issued a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of €27.25 ($31.68).

Shares of FRA:RWE traded down €0.08 ($0.09) during trading on Thursday, reaching €25.71 ($29.90). 3,890,239 shares of the company traded hands. The firm has a fifty day simple moving average of €27.38 and a 200 day simple moving average of €24.82. 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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