Berenberg keeps RWE stock at Buy with EUR 72.00 target

Published on 10/01/2026 at 12:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RWE stock has 7 Buy ratings and a EUR 72.21 average target. It costs EUR 58.94 on October 1, 2026 versus EUR 59.40, below a EUR 62.00 high.

Offshore-Windpark in der Nordsee bei goldenem Sonnenaufgang, ruhige See, Panorama — RWE AG (DE0007037129) Offshore-Windpark in der Nordsee bei goldenem Sonnenaufgang, ruhige See, Illustration mit AI erstellt.

RWE stock (ISIN DE0007037129) was trading at EUR 58.94 at Lang & Schwarz on October 1, 2026 at 12:39 p.m. CEST, down 0.77 percent versus the prior close of EUR 59.40 on September 30, 2026. According to Finanznachrichten on September 25, 2026, Berenberg kept its Buy rating and EUR 72.00 price target in a study dated September 24, 2026.

Berenberg target stays above the quote

The analyst view gives RWE a clear valuation reference while the stock remains below its 52-week high of EUR 62.00. A separate finanzen.ch review dated September 30, 2026 counted 7 Buy ratings and an average analyst target of EUR 72.21.

First-half earnings add support

According to Finanznachrichten, RWE's adjusted EBITDA rose by more than 40 percent to EUR 3.0 billion in the first half of 2026. Adjusted net income reached EUR 1.3 billion, while adjusted earnings per share increased from EUR 1.08 to EUR 1.77 in the same period.

The operating expansion also supplied a concrete growth marker. RWE brought 752 megawatts of new capacity online from the start of 2026 through the first half, while 10.3 gigawatts remained under construction, according to the same report.

Wind projects extend the investment pipeline

RWE also won two German onshore wind tenders totaling 119 megawatts, including an 84-megawatt new project at Juechen 3 and a 35-megawatt modernization at Seedorf. Finanznachrichten reported on September 18, 2026 that the projects are planned to enter service in 2028 after final investment decisions.

Stock remains below yearly high

RWE's Lang & Schwarz quote stood at EUR 58.94 on October 1, 2026 at 12:39 p.m. CEST, down 0.77 percent from the EUR 59.40 prior close; the 52-week range was EUR 38.55 to EUR 62.00. The further course of trading is shown by the continuously updated real-time quote of RWE stock.