RWE AG (RWE) PT Set at €23.00 by Macquarie

RWE AG (FRA:RWE) has been given a €23.00 ($27.38) price target by equities researchers at Macquarie in a research note issued to investors on Wednesday. The brokerage presently has a “buy” rating on the stock.

RWE has been the subject of a number of other reports. DZ Bank AG reissued a “neutral” rating on shares of RWE AG in a research note on Thursday, June 8th. Goldman Sachs Group, Inc. (The) set a €23.70 ($28.21) price target on RWE AG and gave the company a “buy” rating in a research note on Monday, August 21st. BNP Paribas set a €19.00 ($22.62) price target on RWE AG and gave the company a “neutral” rating in a research note on Monday. Barclays PLC set a €22.00 ($26.19) price target on RWE AG and gave the company a “neutral” rating in a research note on Tuesday, August 29th. Finally, Morgan Stanley set a €20.40 ($24.29) price target on RWE AG and gave the company a “neutral” rating in a research note on Monday, June 26th. Two equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and nine have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of €20.96 ($24.96).

Shares of RWE AG (RWE) opened at 20.12 on Wednesday. The stock’s market cap is €12.38 billion. RWE AG has a 12-month low of €11.01 and a 12-month high of €21.60. The firm has a 50 day moving average price of €19.83 and a 200 day moving average price of €17.35.

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About RWE AG

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.

Analyst Recommendations for RWE AG (FRA:RWE)

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