UBS has set a new target price of 45 euros for RWE AG, while keeping its 'Buy' rating on the stock.

RWE AG is a prominent energy group in Europe, with a significant portion of its net sales coming from electricity and gas trading and distribution, accounting for 80.5 percent of total sales.

In 2023, the company reported sales of 159,679 GWh of electricity and 42,391 GWh of gas.

Renewable energy production also contributes to RWE's revenue, making up 16.7 percent of its net sales.

In 2023, the company generated a total output of 129,701 GWh from wind, solar, hydro, and biomass sources.

Fossil and nuclear power generation constitute 2.8 percent of RWE's operations.

Geographically, RWE's net sales are primarily concentrated in Germany (48.1%), followed by the UK (26.8%), Europe (19.5%), North America (4.2%), and other regions (1.4%).