RWE as seen by Financial Analysts

Analyst Recommendations and Consensus

About 30 financial analysts evaluate the business development of RWE AG on a regular basis.
The following webpages provide an overview of the current recommendations and target prices for the RWE ordinary shares as well as a consensus of analysts’ estimates of RWE’s most important performance indicators.

Recommendations and target prices of financial analysts on the RWE common share against the development of the share price

Analysts' Estimates

Consensus of Analysts‘ Estimates of RWE‘s Key Performance Indicators

(Last updated 30th of October 2018, RWE)

Due to the change in accounting treatment of innogy from the first half of 2018 onwards, there are currently no analysts' estimates under the new methodology for 2018 and 2019 available. The consensus for 2020 reflects the new company structure after completion of the transaction with E.ON.

RWE Group

Consensus of Analysts‘ Estimates of RWE‘s Key Performance Indicators (RWE stand-alone)*

(Last updated 30th of October 2018, RWE)
*RWE with innogy as a financial investment

RWE stand-alone

The following brokers have contributed to the adjusted consensus: Bank of America ML, Bernstein, Commerzbank, Exane, Goldman Sachs, Jefferies, Macquarie, Metzler, Morgan Stanley, Oddo Seydler, RBC, Santander, Société Générale, UBS.

Reference to recommendations and assessments serves only for reader information and is non-binding. This document does not imply that RWE AG subscribes to these recommendations, opinions or conclusions in any form whatsoever, or that RWE AG supports or confirms them. RWE AG accepts no liability for the selection, current relevance, completeness or correctness of the analysts’ recommendations and assessments reproduced here. None of the information provided is to be understood as an offer for purchase of RWE shares or RWE bonds, or to be advertising same. Any liability on the part of RWE AG for losses incurred by third parties arising from the information contained on this Internet site is precluded.