Royal Bank of Canada Analysts Give RWE AG (RWE) a €20.00 Price Target

RWE AG (FRA:RWE) received a €20.00 ($21.98) price target from equities research analysts at Royal Bank of Canada in a report issued on Monday, May 8th. The firm currently has a “buy” rating on the stock.

A number of other analysts also recently issued reports on RWE. Jefferies Group LLC set a €16.00 ($17.58) price objective on RWE AG and gave the stock a “buy” rating in a research report on Monday, January 30th. Macquarie set a €17.50 ($19.23) price objective on RWE AG and gave the stock a “buy” rating in a research report on Monday, January 30th. Bank of America Corp set a €16.00 ($17.58) price objective on RWE AG and gave the stock a “buy” rating in a research report on Friday, February 3rd. Nord/LB set a €16.00 ($17.58) price objective on RWE AG and gave the stock a “buy” rating in a research report on Friday, January 13th. Finally, Morgan Stanley set a €15.50 ($17.03) price objective on RWE AG and gave the stock a “buy” rating in a research report on Monday, February 20th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. RWE AG has an average rating of “Buy” and a consensus price target of €16.14 ($17.74).

Analyst Recommendations for RWE AG (FRA:RWE)

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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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