Kepler Capital analyst Ingo Becker maintained a Hold rating on RWE AG on September 30 and set a price target of €37.00. The company’s shares closed last Tuesday at €37.82.
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According to TipRanks, Becker is a 4-star analyst with an average return of 7.1% and a 61.36% success rate. Becker covers the Utilities sector, focusing on stocks such as RWE AG, Fortum Corporation, and Uniper.
RWE AG has an analyst consensus of Strong Buy, with a price target consensus of €42.91.
Based on RWE AG’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €3.67 billion and a net profit of €663 million. In comparison, last year the company earned a revenue of €4.59 billion and had a net profit of €2.09 billion
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