RWE (FRA:RWE) has been assigned a €17.00 ($20.99) target price by equities researchers at HSBC in a research note issued to investors on Tuesday. The firm presently has a “neutral” rating on the stock. HSBC’s target price would indicate a potential upside of 3.82% from the company’s current price.
RWE has been the topic of several other reports. Nord/LB set a €23.50 ($29.01) target price on RWE and gave the company a “buy” rating in a research note on Monday, October 23rd. Deutsche Bank set a €25.00 ($30.86) target price on RWE and gave the company a “buy” rating in a research note on Thursday, November 9th. Goldman Sachs Group set a €26.50 ($32.72) target price on RWE and gave the company a “buy” rating in a research note on Monday, November 6th. UBS Group set a €24.80 ($30.62) target price on RWE and gave the company a “buy” rating in a research note on Wednesday, November 22nd. Finally, Societe Generale set a €22.90 ($28.27) target price on RWE and gave the company a “buy” rating in a research note on Friday, December 8th. One equities research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and eleven have issued a buy rating to the company’s stock. RWE presently has a consensus rating of “Hold” and an average price target of €20.84 ($25.73).
Shares of RWE (RWE) opened at €16.38 ($20.22) on Tuesday. The company has a market capitalization of $9,880.00 and a price-to-earnings ratio of -2.87. RWE has a fifty-two week low of €12.97 ($16.01) and a fifty-two week high of €23.28 ($28.74).
RWE Aktiengesellschaft, an electricity and gas company, generates, distributes, and sells electricity, as well as produces, distributes, and sells gas. It operates through Conventional Power Generation, Trading/Gas Midstream, and Innogy segments. The company operates power stations based on lignite, coal, gas, nuclear power, renewable energies, and hydro and biomass; and pumped-storage and run-of-river power plants, as well as generates heat.
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