RWE (FRA:RWE) PT Set at €18.00 by Kepler Capital Markets

RWE (FRA:RWE) has been given a €18.00 ($20.93) price target by investment analysts at Kepler Capital Markets in a report issued on Tuesday, Borsen Zeitung reports. The firm currently has a “sell” rating on the stock. Kepler Capital Markets’ price target points to a potential downside of 39.88% from the stock’s current price.

Several other analysts have also recently commented on the stock. JPMorgan Chase & Co. set a €22.00 ($25.58) price objective on shares of RWE and gave the company a “neutral” rating in a research note on Friday, January 10th. Morgan Stanley set a €32.00 ($37.21) price objective on shares of RWE and gave the company a “buy” rating in a research note on Monday, December 2nd. Credit Suisse Group set a €29.30 ($34.07) price objective on shares of RWE and gave the company a “neutral” rating in a research note on Thursday, November 7th. Nord/LB set a €31.50 ($36.63) price objective on shares of RWE and gave the company a “buy” rating in a research note on Thursday, November 14th. Finally, Royal Bank of Canada set a €32.00 ($37.21) price objective on shares of RWE and gave the company a “buy” rating in a research note on Tuesday. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of €28.48 ($33.12).

Shares of FRA RWE opened at €29.94 ($34.81) on Tuesday. RWE has a 52 week low of €14.35 ($16.69) and a 52 week high of €23.28 ($27.07). The firm has a 50-day moving average price of €26.96 and a 200 day moving average price of €26.06.

RWE Company Profile

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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