RWE as seen by Analysts
More than 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.
The statistics are updated quarterly.
RWE Recommendations and Target Prices of Financial Analysts
(Last updated 9 February 2012, Vara Research, RWE)

Rating categories - What does it mean? Please click here.
For the estimates of financial analysts and excerpts of their reports please refer to
Disclaimer:
This document has been issued by Vara Research GmbH for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various analysts regarding revenues, earnings and business developments of the relevant company. RWE AG did not participate in the compilation of the estimates and does not endorse them. Such estimates and forecasts cannot be independently verified by reason of the subjective character. Vara Research GmbH gives no guarantee, representation or warranty and is not responsible or liable as to its accuracy and completeness. 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.![]()







