RWE (RWE) Given a €24.50 Price Target at Sanford C. Bernstein

Sanford C. Bernstein set a €24.50 ($28.49) price objective on RWE (FRA:RWE) in a research note issued to investors on Friday. The brokerage currently has a buy rating on the stock.

A number of other equities analysts also recently issued reports on the company. Societe Generale set a €26.80 ($31.16) price target on RWE and gave the company a buy rating in a research note on Friday. UBS Group set a €20.50 ($23.84) price target on RWE and gave the company a buy rating in a research note on Tuesday, June 26th. BNP Paribas set a €23.80 ($27.67) price target on RWE and gave the company a neutral rating in a research note on Monday, September 10th. Kepler Capital Markets set a €20.00 ($23.26) price target on RWE and gave the company a sell rating in a research note on Thursday, September 27th. Finally, JPMorgan Chase & Co. set a €21.00 ($24.42) price target on RWE and gave the company a neutral rating 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 stock. The company currently has a consensus rating of Buy and a consensus target price of €23.42 ($27.23).

RWE stock traded up €0.37 ($0.43) during midday trading on Friday, reaching €18.00 ($20.92). The stock had a trading volume of 5,177,857 shares. RWE has a 12 month low of €14.35 ($16.69) and a 12 month 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.

Featured Story: How to Track your Portfolio in Google Finance

Analyst Recommendations for RWE (FRA:RWE)

Receive News & Ratings for RWE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RWE and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply