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RWE: Stifel still a buyer after results

(CercleFinance.com) - The analyst believes that RWE's 2022 results are in line with the preliminary results published on 25 January, with RWE reporting adjusted net profit of E3.
23bn for 2022, more than double the previous year's figure of E1.55bn.

Following this announcement, Stifel confirms its Buy rating on the stock, with a target price of E55.

"This morning's publication focuses on the 2023 forecasts, which are above the company's consensus, despite a slight gap in renewable energies," it says.


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