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

RWE AG (OTCMKTS:RWEOY) has been given a consensus rating of “Hold” by the eight research firms that are currently covering the stock, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year target price among brokers that have covered the stock in the last year is $53.30.

RWEOY has been the subject of a number of recent analyst reports. BNP Paribas Exane downgraded RWE from an “outperform” rating to a “neutral” rating in a report on Thursday, May 21st. Morgan Stanley reaffirmed an “overweight” rating on shares of RWE in a research note on Thursday, July 23rd. Citigroup reaffirmed a “neutral” rating on shares of RWE in a research note on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of RWE in a report on Monday, August 17th. Finally, Zacks Research cut shares of RWE from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th.

RWE Price Performance

Shares of OTCMKTS:RWEOY opened at $67.05 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. The company has a 50-day moving average price of $65.27 and a 200 day moving average price of $65.53. The company has a market cap of $48.69 billion, a P/E ratio of 12.75, a PEG ratio of 1.38 and a beta of 0.62. RWE has a 52 week low of $39.15 and a 52 week high of $74.10.

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.