DZ Bank Reiterates Buy Rating for RWE (FRA:RWE)

RWE (FRA:RWE)‘s stock had its “buy” rating restated by DZ Bank in a research report issued to clients and investors on Monday, Borsen Zeitung reports.

Several other equities analysts have also recently weighed in on the company. UBS Group set a €27.00 ($30.34) price objective on RWE and gave the stock a “buy” rating in a research report on Friday, May 15th. JPMorgan Chase & Co. set a €22.00 ($24.72) price objective on RWE and gave the stock a “neutral” rating in a research report on Thursday, March 12th. Credit Suisse Group set a €30.00 ($33.71) price objective on RWE and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Nord/LB set a €35.00 ($39.33) price objective on RWE and gave the stock a “buy” rating in a research report on Wednesday, May 20th. Finally, Berenberg Bank set a €35.50 ($39.89) price target on RWE and gave the company a “buy” rating in a report on Wednesday, June 17th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of €30.57 ($34.35).

FRA RWE opened at €31.82 ($35.75) on Monday. RWE has a twelve month low of €14.35 ($16.12) and a twelve month high of €23.28 ($26.16). The stock has a 50-day simple moving average of €30.33 and a 200 day simple moving average of €28.54.

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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