RWE AG (OTCMKTS:RWEOY) Receives $53.30 Average Price Target from Brokerages

Shares of RWE AG (OTCMKTS:RWEOY – Get Free Report) have received a consensus recommendation of “Hold” from the eight research firms that are covering the company, Marketbeat reports. Five research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $53.30.

A number of analysts have recently commented on RWEOY shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of RWE in a report on Monday, August 17th. Zacks Research cut shares of RWE from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. BNP Paribas Exane lowered shares of RWE from an “outperform” rating to a “neutral” rating in a research note on Thursday, May 21st. Citigroup restated a “neutral” rating on shares of RWE in a report on Wednesday, July 29th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of RWE in a research note on Thursday, July 23rd.

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Read Our Latest Stock Analysis on RWEOY

RWE Trading Up 1.2%

RWEOY opened at $68.25 on Friday. 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 52 week low of $39.15 and a 52 week high of $74.10. The stock has a market cap of $49.55 billion, a PE ratio of 12.98, a PEG ratio of 1.37 and a beta of 0.62. The business has a 50 day moving average of $65.47 and a 200-day moving average of $65.58.

About RWE

(Get Free Report)

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.

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