RWE AG (RWEOY) – What Are Analysts Thinking About This Stock?

Shares of RWE AG (OTCMKTS:RWEOY) have been assigned a consensus recommendation of “Moderate Buy” from the eight brokerages that are currently covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

RWEOY has been the topic of a number of recent research reports. Zacks Research raised RWE from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 30th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of RWE in a research report on Monday, August 17th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of RWE in a research note on Monday, August 17th. Citigroup reissued a “neutral” rating on shares of RWE in a research report on Wednesday, July 29th. Finally, Morgan Stanley reissued an “overweight” rating on shares of RWE in a research report on Thursday, July 23rd.

RWE Stock Up 0.8%

Shares of OTCMKTS:RWEOY opened at $66.63 on Friday. The stock has a fifty day simple moving average of $67.27 and a two-hundred day simple moving average of $66.57. The stock has a market capitalization of $48.38 billion, a price-to-earnings ratio of 17.76, a PEG ratio of 1.20 and a beta of 0.58. RWE has a 12-month low of $46.37 and a 12-month high of $74.10. The company has a current ratio of 1.35, a quick ratio of 1.29 and a debt-to-equity ratio of 0.34.

About RWE

RWE AG is a Germany-based energy company engaged in the generation, trading and supply of electricity. Its business is centered on renewable energy, including onshore and offshore wind, solar power and battery storage, supported by flexible generation and energy trading activities.

The company develops, builds and operates energy projects and provides electricity-related services to commercial and residential customers through its supply businesses. RWE has also pursued technologies intended to support the energy transition, including green hydrogen and other lower-carbon energy solutions.

RWE traces its origins to the formation of Rheinisch-Westfälisches Elektrizitätswerk in 1898.