RWE (ETR:RWE): Credit Suisse Group Sticks With Neutral Rating Today, Has a Target of EUR 19.80/Share

Share

RWE (ETR:RWE) Rating Reaffirmed

Equities researchers at Credit Suisse Group now has a EUR 19.80 target price on RWE (ETR:RWE). Credit Suisse Group and their recent target price may suggest a potential upside of 85.39% from the company’s stock close price. The rating has been revealed to clients and investors in analysts note on Wednesday morning.

From a total of 18 analysts covering RWE (ETR:RWE) stock, 4 rate it a ”Buy”, 3 a “Sell”, and 11 a ”Hold”. This means that 22% 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 €15.34 with a 43.90% above today’s (€10.66) stock price. RWE was the topic of 53 analyst reports since July 3, 2015 according to the firm StockzIntelligence Inc. Kepler Cheuvreux downgraded shares on December 11 to “Reduce” rating. UBS maintained shares with “Neutral” rating and €12.20 target share price in a report from a December 3. Landesbank upgraded RWE stock in a recent report from December 3 to “Buy” rating. HSBC downgraded the rating on November 26. HSBC has a “Reduce” rating and a €10.50 price target on shares. Finally, JP Morgan maintained the stock with “Neutral” rating in a report issued on a December 3.

The stock increased 3.80% or EUR 0.39 on December 15, striking EUR 10.66. Approximately 3.94 million shares of stock traded hands. RWE AG (ETR:RWE) has risen 6.00% since November 16, 2015 and is uptrending. It has outperformed by 9.68% the S&P500.

RWE (ETR:RWE): Credit Suisse Group Sticks With Neutral Rating Today, Has a Target of EUR 19.80/Share

RWE AG is an electricity and gas company. The company has a market cap of 6.46 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 6.61 P/E ratio. The Company’s markets include Germany, the Benelux region, the United Kingdom, and Central Eastern and South Eastern Europe.

COMMENTS: