RWE (FRA:RWE) Target Price Issued at €18.00 by Kepler Capital Markets

RWE (FRA:RWE) Target Price Issued at €18.00 by Kepler Capital Markets

RWE (FRA:RWE) received a €18.00 ($20.93) target price from equities researchers at Kepler Capital Markets in a research note issued to investors on Thursday, January 24th. The firm presently has a “sell” rating on the stock. Kepler Capital Markets’ target price would indicate a potential downside of 16.47% from the stock’s previous close.

A number of other research firms also recently commented on RWE. Cfra set a €23.00 ($26.74) target price on RWE and gave the company a “buy” rating in a report on Friday, November 16th. Jefferies Financial Group set a €24.60 ($28.60) target price on RWE and gave the company a “buy” rating in a report on Monday, December 17th. Independent Research set a €19.50 ($22.67) price target on RWE and gave the stock a “neutral” rating in a research note on Wednesday, November 14th. Royal Bank of Canada set a €23.00 ($26.74) price target on RWE and gave the stock a “buy” rating in a research note on Monday, November 26th. Finally, Morgan Stanley set a €21.50 ($25.00) price target on RWE and gave the stock a “buy” rating in a research note on Thursday, December 13th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and seventeen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of €23.75 ($27.62).

FRA:RWE traded up €0.10 ($0.12) during midday trading on Thursday, reaching €21.55 ($25.06). The stock had a trading volume of 3,574,159 shares. RWE has a 12-month low of €14.35 ($16.69) and a 12-month high of €23.28 ($27.07).

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.

See Also: Understanding Analyst Ratings

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