RWE AG (RWE) Receives Consensus Recommendation of “Buy” from Analysts

RWE AG (FRA:RWE) has earned a consensus recommendation of “Buy” from the twenty-four research firms that are covering the stock, Marketbeat.com reports. Eleven equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is €19.41 ($21.81).

Several research analysts have weighed in on the company. DZ Bank AG reiterated a “buy” rating on shares of RWE AG in a report on Wednesday, February 22nd. Macquarie set a €17.50 ($19.66) price target on RWE AG and gave the company a “buy” rating in a report on Wednesday, March 1st. S&P Global set a €15.00 ($16.85) price target on RWE AG and gave the company a “buy” rating in a report on Thursday, February 23rd. Nord/LB set a €16.00 ($17.98) target price on RWE AG and gave the company a “buy” rating in a research report on Monday, March 6th. Finally, Royal Bank Of Canada set a €20.00 ($22.47) target price on RWE AG and gave the company a “buy” rating in a research report on Friday, March 10th.

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RWE AG (FRA RWE) traded up 2.193% on Tuesday, hitting €20.177. The stock had a trading volume of 18,406 shares. The stock has a 50-day moving average of €17.23 and a 200-day moving average of €14.28. The company’s market cap is €12.40 billion. RWE AG has a one year low of €11.01 and a one year high of €20.24.

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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