DZ Bank Analysts Give RWE (FRA:RWE) a €33.00 Price Target

DZ Bank set a €33.00 ($38.37) price target on RWE (FRA:RWE) in a report issued on Monday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other analysts also recently commented on the company. Nord/LB set a €31.50 ($36.63) price target on RWE and gave the company a buy rating in a research report on Thursday, November 14th. Berenberg Bank set a €28.00 ($32.56) price target on RWE and gave the company a buy rating in a research report on Wednesday, September 18th. Royal Bank of Canada set a €34.00 ($39.53) price target on RWE and gave the company a buy rating in a research report on Thursday, November 14th. Independent Research set a €29.00 ($33.72) price target on RWE and gave the company a neutral rating in a research report on Thursday, November 14th. Finally, Jefferies Financial Group set a €24.80 ($28.84) price target on RWE and gave the company a neutral rating in a research report on Wednesday, November 20th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and eleven have issued a buy rating to the stock. The company presently has a consensus rating of Buy and an average price target of €28.48 ($33.12).

Shares of RWE opened at €29.94 ($34.81) on Monday. The stock has a 50 day moving average of €26.96 and a 200 day moving average of €26.06. 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.

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Analyst Recommendations for RWE (FRA:RWE)

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