Macquarie Analysts Give RWE AG (RWE) a €17.50 Price Target

Macquarie set a €17.50 ($18.82) price target on RWE AG (FRA:RWE) in a report published on Thursday. The brokerage currently has a buy rating on the stock.

RWE has been the subject of several other reports. Credit Suisse Group AG set a €13.70 ($14.73) price objective on shares of RWE AG and gave the company a neutral rating in a research report on Tuesday, December 6th. Nord/LB set a €17.00 ($18.28) price objective on shares of RWE AG and gave the company a buy rating in a research report on Tuesday, March 14th. Barclays PLC set a €13.10 ($14.09) price objective on shares of RWE AG and gave the company a neutral rating in a research report on Tuesday, March 14th. HSBC Holdings plc set a €10.30 ($11.08) price objective on shares of RWE AG and gave the company a sell rating in a research report on Wednesday, January 25th. Finally, Deutsche Bank AG set a €13.50 ($14.52) price objective on shares of RWE AG and gave the company a neutral rating in a research report on Friday, March 10th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of €15.17 ($16.31).

Analyst Recommendations for RWE AG (FRA:RWE)

Shares of RWE AG (FRA:RWE) opened at 14.656 on Thursday. RWE AG has a 12 month low of €10.55 and a 12 month high of €16.45. The company’s market cap is €6.51 billion. The company’s 50 day moving average is €13.38 and its 200 day moving average is €13.17.

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RWE AG Company Profile

RWE AG is a Germany-based electricity and gas company. It diversifies its activities into seven divisions: Germany, which consists of the Power Generation and Sales and Distribution Networks business area; Netherlands/Belgium; Great Britain; The Central Eastern and South Eastern Europe; Renewables; Upstream Gas and Oil, and Trading/Gas Midstream.

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