RWE (FRA:RWE) Given a €30.00 Price Target at Kepler Capital Markets

RWE (FRA:RWE) received a €30.00 ($34.88) price objective from equities researchers at Kepler Capital Markets in a research note issued to investors on Monday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Kepler Capital Markets’ price objective suggests a potential downside of 5.24% from the stock’s current price.

Several other equities research analysts have also recently weighed in on the company. Nord/LB set a €35.00 ($40.70) target price on RWE and gave the stock a “buy” rating in a research note on Friday, January 17th. Sanford C. Bernstein set a €32.50 ($37.79) price target on RWE and gave the company a “buy” rating in a report on Friday. Jefferies Financial Group set a €24.80 ($28.84) price target on shares of RWE and gave the company a “neutral” rating in a research note on Wednesday, November 20th. Metzler set a €34.70 ($40.35) price objective on shares of RWE and gave the stock a “buy” rating in a report on Friday, January 10th. Finally, Royal Bank of Canada set a €32.00 ($37.21) price objective on shares of RWE and gave the stock a “buy” rating in a report on Tuesday, January 14th. One analyst has rated the stock with a sell rating, six have given a hold rating and eleven have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of €30.46 ($35.42).

RWE opened at €31.66 ($36.81) on Monday. RWE has a one year low of €14.35 ($16.69) and a one year high of €23.28 ($27.07). The business’s 50-day simple moving average is €27.80 and its 200-day simple moving average is €26.47.

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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