November 23, 2016 - By Darrin Black
The financial company have set PT of EUR 13.70 on RWE (ETR:RWE) shares. This is 14.45% from the current stock price. In a report published on Wednesday morning, Credit Suisse Group reiterated their Neutral rating on shares of RWE.
Out of 22 analysts covering RWE (ETR:RWE), 6 rate it a “Buy”, 5 “Sell”, while 11 “Hold”. This means 27% are positive. €28 is the highest target while €8.30 is the lowest. The €14.68 average target is 22.95% above today’s (€11.94) stock price. RWE has been the topic of 128 analyst reports since July 3, 2015 according to StockzIntelligence Inc. The stock of RWE AG (ETR:RWE) has “Neutral” rating given on Wednesday, December 16 by Credit Suisse. Commerzbank maintained RWE AG (ETR:RWE) on Monday, August 24 with “Hold” rating. The rating was upgraded by Macquarie Research to “Outperform” on Thursday, March 31. Kepler Cheuvreux downgraded the shares of RWE in a report on Friday, April 29 to “Reduce” rating. The rating was downgraded by DZ-Bank AG to “Sell” on Wednesday, March 9. As per Saturday, February 6, the company rating was upgraded by Landesbank. Commerzbank downgraded the shares of RWE in a report on Saturday, October 8 to “Reduce” rating. The stock has “Hold” rating given by Kepler Cheuvreux on Tuesday, November 22. The firm earned “Hold” rating on Monday, January 4 by Societe Generale. The stock of RWE AG (ETR:RWE) has “Sell” rating given on Tuesday, September 13 by DZ BANK.
About 893,345 shares traded hands. RWE AG (ETR:RWE) has risen 6.00% since October 24, 2016 and is uptrending. It has outperformed by 0.67% the S&P500.
RWE AG is a holding company. The Company is a supplier of electricity and natural gas in Europe. The company has a market cap of 7.22 billion EUR. The Firm is engaged in lignite production; electricity generation from gas, coal, nuclear and renewables, and energy trading and electricity and gas distribution and supply, as well as in developing and providing energy management solutions. It currently has negative earnings. The Company’s divisions include Conventional Power Generation, Supply/Distribution Networks Germany, Supply Netherlands/Belgium, Supply United Kingdom, Central Eastern and South Eastern Europe, Renewables, Trading/Gas Midstream and Other, consolidation.
More recent RWE AG (ETR:RWE) news were published by: Moodys.com which released: “Moody’s affirms RWE Baa3 senior, Ba2 hybrid ratings; multiple outlooks” on November 03, 2016. Also Bloomberg.com published the news titled: “RWE Innogy IPO Range Values Green Energy Unit at $22 Billion” on September 23, 2016. Moodys.com‘s news article titled: “Moody’s places RWE’s Baa2/P-2 ratings on review for downgrade” with publication date: February 13, 2016 was also an interesting one.
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By Darrin Black