UBS lifts RWE target to €66 on Amprion deal

What's the deal? UBSDealroom has a profile for this one. Try Dealroom → raised its price target for German energy company RWEDealroom has a profile for this one. Try Dealroom → from €65 to €66, keeping a "Buy" rating. The Swiss bank cited RWE's majority acquisition of transmission system operator Amprion as a strategic driver of future growth.

What's the endgame? The Amprion stake gives RWE a way to rebalance its growth strategies and profit sources over the long term, UBS analyst Wanda Serwinowska said. The move could strengthen RWE's position and competitiveness in the European energy market.

Why now? Serwinowska raised her earnings estimates for RWE through 2031, pointing to the company's ability to navigate a changing regulatory environment. She named RWE, alongside ØrstedDealroom has a profile for this one. Try Dealroom → and Grenergy, among her favourites in the sector.

The signal: As utilities lean into the energy transition, control of transmission infrastructure is becoming a lever for growth. RWE's Amprion bet positions it to profit from moving power, not just generating it — a shift UBS expects to feed shareholder value and dividends.

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