RWE (FRA:RWE) Given a €28.60 Price Target by UBS Group Analysts

RWE (FRA:RWE) has been assigned a €28.60 ($33.26) price objective by equities research analysts at UBS Group in a research note issued on Friday, September 20th, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. UBS Group’s price objective points to a potential upside of 0.11% from the company’s current price.

Other research analysts also recently issued research reports about the company. Barclays set a €30.00 ($34.88) target price on RWE and gave the stock a “buy” rating in a research note on Tuesday, September 17th. DZ Bank reissued a “buy” rating on shares of RWE in a research note on Tuesday, September 17th. JPMorgan Chase & Co. set a €22.00 ($25.58) target price on RWE and gave the stock a “neutral” rating in a research note on Wednesday, August 14th. Royal Bank of Canada set a €29.00 ($33.72) target price on RWE and gave the stock a “buy” rating in a research note on Wednesday, August 14th. Finally, Macquarie set a €30.00 ($34.88) price target on RWE and gave the stock a “buy” rating in a report on Monday, June 17th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the company. RWE currently has an average rating of “Buy” and an average target price of €26.14 ($30.39).

RWE opened at €28.57 ($33.22) 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). The stock has a fifty day moving average of €26.17 and a 200-day moving average of €23.79.

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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