UBS Group set a €24.50 ($28.49) target price on RWE (FRA:RWE) in a report issued on Wednesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Other research analysts have also issued reports about the stock. 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 report on Wednesday. Barclays set a €27.00 ($31.40) price target on shares of RWE and gave the company a buy rating in a research report on Tuesday, July 30th. Berenberg Bank set a €28.00 ($32.56) price target on shares of RWE and gave the company a buy rating in a research report on Tuesday, July 16th. Macquarie set a €30.00 ($34.88) price target on shares of RWE and gave the company a buy rating in a research report on Monday, June 17th. Finally, Nord/LB set a €31.50 ($36.63) price target on shares of RWE and gave the company a buy rating in a research report on Tuesday, July 30th. Two analysts have rated the stock with a sell rating, six have given a hold rating and twelve have issued a buy rating to the company. RWE has a consensus rating of Buy and an average target price of €25.29 ($29.41).

RWE opened at €25.57 ($29.73) on Wednesday. The company has a fifty day moving average price of €23.97 and a 200-day moving average price of €22.98. RWE has a one year low of €14.35 ($16.69) and a one year 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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