ubs maintains buy rating for rwe with target price of 49 euros

UBS AG has reiterated its "Buy" rating for RWE, with a target price of 49 euros for the company's shares.

According to analyst Wanda Serwinowska, discussions with RWE's Group CEO and CFO following an investor meeting have resulted in a positive outlook. The talks focused on the potential effects of the upcoming US elections and new elections in Germany on the energy sector. In Germany, the possibility of new gas and steam combined-cycle power plants is being considered under specific conditions, although a return to nuclear energy seems difficult. Meanwhile, in the United States, RWE's risk management strategies are said to be well-aligned with current market conditions.

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