ZURICH (dpa-AFX Broker) - The major Swiss bank UBS has lowered its price target for RWE from 52 to 49 euros, but left its rating at "Buy". In response to the energy utility's annual figures, she reduced her earnings forecasts (EBITDA) for the years 2024 to 2028 by up to 14 percent, analyst Wanda Serwinowska wrote in a study published on Friday. She still considers the RWE share undervalued and sees the current price as an attractive entry point./edh/mis

Publication of the original study: 04/04/2024 / 20:51 / GMT

First publication of the original study: 04/04/2024 / 20:51 / GMT

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