RWE AG (OTCMKTS:RWEOY) Receives Average Rating of “Hold” from Brokerages

Shares of RWE AG (OTCMKTS:RWEOY) have earned an average rating of “Hold” from the eight research firms that are covering the company, Marketbeat Ratings reports. Five analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $53.30.

RWEOY has been the subject of several analyst reports. Royal Bank Of Canada reissued an “outperform” rating on shares of RWE in a research note on Monday. Citigroup reissued a “neutral” rating on shares of RWE in a research report on Wednesday, July 29th. Morgan Stanley reaffirmed an “overweight” rating on shares of RWE in a report on Thursday, July 23rd. BNP Paribas Exane downgraded shares of RWE from an “outperform” rating to a “neutral” rating in a research note on Thursday, May 21st. Finally, Zacks Research cut RWE from a “strong-buy” rating to a “hold” rating in a report on Monday, May 18th.

RWE Price Performance

RWEOY opened at $66.92 on Friday. The stock has a market cap of $48.59 billion, a P/E ratio of 12.72, a P/E/G ratio of 1.36 and a beta of 0.62. RWE has a 12 month low of $39.15 and a 12 month high of $74.10. The company has a quick ratio of 1.22, a current ratio of 1.26 and a debt-to-equity ratio of 0.38. The company has a fifty day simple moving average of $65.07 and a 200 day simple moving average of $65.42.

About RWE

RWE AG, traded in the U.S. as OTCMKTS:RWEOY, is a leading European energy company headquartered in Essen, Germany. The firm operates as an integrated utility, encompassing power generation, supply, trading and renewable energy development. Its diversified portfolio spans conventional assets—such as gas- and coal-fired power plants—and an expanding array of wind, solar and battery-storage projects managed through its RWE Renewables division.

In its conventional business, RWE Generation produces baseload and peak‐load electricity to meet industrial and consumer demand across Germany, the Netherlands and the UK.