Deutsche Bank Maintains 'Buy' Rating for RWE AG Ahead of Semi-Annual Results

Wednesday, 24 July 2024, 10:22

On July 24, 2024, Deutsche Bank Research reiterated a 'Buy' rating for RWE AG, setting a price target of €41 per share. Analyst Olly Jeffery anticipates that the upcoming half-year financial results, scheduled for mid-August, will not hold any surprises. This decision reflects the bank’s confidence in the company’s performance amidst ongoing market evaluations.
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Deutsche Bank Maintains 'Buy' Rating for RWE AG Ahead of Semi-Annual Results

Deutsche Bank's Outlook on RWE AG

On July 24, 2024, Deutsche Bank Research provided an updated assessment of RWE AG stock, assigning a 'Buy' rating with a target price of €41 per share.

Analyst Insights

Analyst Olly Jeffery indicated that the upcoming half-year financial results, expected in mid-August, are unlikely to feature any surprises. This outlook is critical for investors watching the energy sector closely.

Conclusion

Overall, Deutsche Bank's positive stance on RWE AG signals strong confidence in the company's prospects within the current market landscape.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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