RWE (OTCMKTS:RWEOY) Upgraded to Hold at Kepler Capital Markets

Kepler Capital Markets upgraded shares of RWE (OTCMKTS:RWEOY) from a strong sell rating to a hold rating in a research note published on Monday,Zacks.com reports.

RWEOY has been the topic of several other research reports. Sanford C. Bernstein cut shares of RWE from an “outperform” rating to a “hold” rating in a report on Friday, February 13th. Zacks Research raised RWE from a “hold” rating to a “strong-buy” rating in a report on Monday, March 9th. Finally, Citigroup restated a “neutral” rating on shares of RWE in a research report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $53.30.

RWE Trading Up 2.2%

OTCMKTS:RWEOY opened at $66.28 on Monday. RWE has a 1 year low of $33.83 and a 1 year high of $66.47. The stock’s fifty day moving average price is $61.49 and its two-hundred day moving average price is $52.87. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.30 and a quick ratio of 1.21. The company has a market cap of $48.12 billion, a P/E ratio of 13.58 and a beta of 0.68.

RWE (OTCMKTS:RWEOY) last released its quarterly earnings data on Thursday, March 12th. The utilities provider reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.25. The company had revenue of $18.29 billion for the quarter, compared to analyst estimates of $18.29 billion. RWE had a return on equity of 4.96% and a net margin of 17.96%. As a group, analysts expect that RWE will post 3.18 EPS for the current year.

RWE Company Profile

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.