ZURICH (dpa-AFX) - Swiss major bank UBS has raised its price target for RWE from 46 to 50 euros and left its rating at "buy". In the current turbulent energy market, analyst Sam Arie considers the portfolio of the Essen-based energy group to be one of the best positioned in the industry, according to a report available Thursday. Coal, gas and nuclear power plants, in combination with LNG (liquefied natural gas) trading, supply contracts and terminals, are an important pillar for European energy security in the short term, he said. In the longer term, RWE's wind power business is first-class, he wrote./ck/ajx

Publication of the original study: 11.01.2023 / 17:29 / GMT First disclosure of the original study: 11.01.2023 / 17:29 / GMT

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