RWE (ETR:RWE) Rating Reaffirmed
Equity analysts at Jefferies & Company Inc. now has a EUR 13.00 target price on RWE (ETR:RWE). Jefferies & Company Inc. and their recent target price would possibly suggest a potential upside of 6.38% from the company’s close price. The rating has been revealed to investors in a very recent research note on 4 December.
From a total of 17 analysts covering RWE (ETR:RWE) stock, 4 rate it a ”Buy”, 3 a “Sell”, and 10 a ”Hold”. This means that 24% of the ratings are positive. The highest target price is €28 while the lowest target price is €9. The mean of all analyst targets is €15.50 with a 27.26% above today’s (€12.18) stock price. RWE was the topic of 51 analyst reports since July 3, 2015 according to the firm StockzIntelligence Inc. Landesbank upgraded shares on December 3 to “Buy” rating. Kepler Cheuvreux downgraded shares to “Reduce” rating and €10 target share price in a report from a November 28. JP Morgan maintained RWE stock in a recent report from December 3 with “Neutral” rating. HSBC downgraded the rating on November 26. HSBC has a “Reduce” rating and a €10.50 price target on shares. Finally, UBS maintained the stock with “Neutral” rating in a report issued on a December 3.
The stock decreased 2.33% or EUR 0.29 on December 3, striking EUR 12.18. Approximately 6.67 million shares of stock traded hands or 17.02% up from the average. RWE AG (ETR:RWE) has risen 6.00% since November 4, 2015 and is uptrending. It has outperformed by 6.29% the S&P500.
RWE AG is an electricity and gas company. The company has a market cap of 7.37 billion EUR. The Firm engages in lignite production; electricity generation from gas, coal, nuclear and renewables, and in energy trading, as well as electricity and gas distribution and supply. It has 7.55 P/E ratio. The Company’s markets include Germany, the Benelux region, the United Kingdom, and Central Eastern and South Eastern Europe.