RWE Stock Upgraded to 'Outperform', Price Target Set at 45.70 Euros
Harry Wyburd, an analyst at Exane BNP Paribas, has upgraded RWE's stock market rating from 'Neutral' to 'Outperform'. He has also set a new price target of 45.70 euros, indicating a positive outlook for the company.
RWE's share price has shown resilience despite initial setbacks. Between October 2022 and late 2025, the stock market faced challenges due to a general downturn in European energy stocks and lower-than-expected demand for green hydrogen. However, the company rebounded strongly, benefiting from the global energy transition and increased demand for renewable energy. This surge in demand, particularly from data centers and industry, has driven up electricity prices in Europe.
Since its September low, RWE's stock market has risen by approximately 21 percent. Looking at a year-over-year basis, the growth is even more impressive, with the stock increasing by over 41 percent. Wyburd's new price target suggests a further 12 percent upside potential from the current level. The stock market price has climbed from a January low of 28 euros to over 40 euros, reaching its highest point since mid-January 2024.
Harry Wyburd expects the expansion of European offshore wind projects to become a significant source of profit for RWE, potentially paying off in 2026. This positive outlook, coupled with the company's recent stock market performance, suggests a promising future for RWE.
Read also:
- U.S. CBP's Operation Plaza Spike Boosts Fentanyl Seizures Along Arizona-Mexico Border
- Regensburg Court Sentences Pizza Delivery Owner for Illegal Employment, Tax Evasion
- Tesla's EV Market Share Plummets in Europe, US Competition Intensifies
- Catastrophe at a U.S. Steel facility in Pennsylvania results in the loss of two lives. crucial details unveiled
