RWE (FRA:RWE) Given a €29.00 Price Target by Sanford C. Bernstein Analysts

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Sanford C. Bernstein set a €29.00 ($33.72) price target on RWE (FRA:RWE) in a research report report published on Friday, September 20th, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

RWE has been the subject of a number of other reports. Macquarie set a €30.00 ($34.88) price target on RWE and gave the stock a buy rating in a research note on Monday, June 17th. DZ Bank reissued a buy rating on shares of RWE in a report on Tuesday, September 17th. JPMorgan Chase & Co. set a €22.00 ($25.58) price target on shares of RWE and gave the stock a neutral rating in a research report on Wednesday, August 14th. Jefferies Financial Group set a €20.00 ($23.26) price target on shares of RWE and gave the company a neutral rating in a research note on Thursday, August 22nd. Finally, UBS Group set a €28.60 ($33.26) price objective on shares of RWE and gave the company a buy rating in a research report on Friday, September 20th. Two analysts have rated the stock with a sell rating, five have given a hold rating and twelve have issued a buy rating to the company’s stock. RWE presently has an average rating of Buy and a consensus price target of €26.44 ($30.74).

Shares of RWE stock traded down €0.14 ($0.16) during trading hours on Friday, hitting €26.99 ($31.38). 3,424,195 shares of the company’s stock traded hands. RWE has a twelve month low of €14.35 ($16.69) and a twelve month high of €23.28 ($27.07). The stock has a 50 day simple moving average of €26.90 and a 200-day simple moving average of €24.22.

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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