RWE (RWE) PT Set at €27.50 by Royal Bank of Canada

Royal Bank of Canada set a €27.50 ($31.98) price objective on RWE (FRA:RWE) in a report published on Friday. The brokerage currently has a buy rating on the stock.

RWE has been the subject of a number of other reports. Jefferies Financial Group set a €21.90 ($25.47) price target on shares of RWE and gave the stock a neutral rating in a research note on Tuesday, August 14th. Nord/LB set a €23.50 ($27.33) price target on shares of RWE and gave the stock a buy rating in a research note on Wednesday, June 27th. Sanford C. Bernstein set a €25.00 ($29.07) price target on shares of RWE and gave the stock a buy rating in a research note on Monday, June 18th. UBS Group set a €24.50 ($28.49) price target on shares of RWE and gave the stock a buy rating in a research note on Monday, August 20th. Finally, DZ Bank reissued a neutral rating on shares of RWE in a research note on Tuesday, August 14th. One analyst has rated the stock with a sell rating, six have given a hold rating and seventeen have issued a buy rating to the company. The company has an average rating of Buy and an average price target of €23.60 ($27.44).

RWE opened at €17.74 ($20.63) on Friday. RWE has a fifty-two week low of €14.35 ($16.69) and a fifty-two week high of €23.28 ($27.07).

About RWE

RWE Aktiengesellschaft supplies electricity and gas. It operates through four segments: Lignite & Nuclear; European Power; Supply & Trading; and Innogy. The company operates power stations based on lignite, coal, gas, nuclear power, renewable energies, and hydro and biomass; and operates and maintains solar farms, as well as generates heat.

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Analyst Recommendations for RWE (FRA:RWE)

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