RWE AG (OTCMKTS:RWEOY) Given Average Rating of “Hold” by Brokerages

by · The Markets Daily

Shares of RWE AG (OTCMKTS:RWEOY – Get Free Report) have earned a consensus rating of “Hold” from the eight ratings firms that are covering the firm, Marketbeat reports. Five investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $53.30.

A number of equities research analysts recently commented on the stock. Royal Bank Of Canada reissued an “outperform” rating on shares of RWE in a research note on Monday, August 17th. BNP Paribas Exane downgraded shares of RWE from an “outperform” rating to a “neutral” rating in a report on Thursday, May 21st. Morgan Stanley reiterated an “overweight” rating on shares of RWE in a research report on Thursday, July 23rd. Citigroup reissued a “neutral” rating on shares of RWE in a research note on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of RWE in a research note on Monday, August 17th.

Check Out Our Latest Stock Analysis on RWE

RWE Trading Up 1.1%

Shares of RWEOY stock opened at $67.23 on Wednesday. The stock has a market cap of $48.81 billion, a P/E ratio of 12.78, a P/E/G ratio of 1.35 and a beta of 0.61. The company has a quick ratio of 1.22, a current ratio of 1.26 and a debt-to-equity ratio of 0.38. RWE has a fifty-two week low of $41.52 and a fifty-two week high of $74.10. The business has a fifty day simple moving average of $66.54 and a 200-day simple moving average of $66.13.

About RWE

(Get Free Report)

RWE AG is a Germany-based energy company headquartered in Essen. Founded in 1898, the company has developed from a regional electricity provider into an international utility focused on electricity generation, energy trading and related services.

RWE’s principal activities include the development, construction and operation of renewable-energy facilities, including offshore and onshore wind farms, solar projects and battery-storage systems. The company also operates flexible gas-fired and hydroelectric power plants and is involved in electricity generation, supply and trading.

Further Reading