Shares of RWE AG (OTCMKTS:RWEOY – Get Free Report) have earned a consensus rating of “Moderate Buy” from the eight brokerages that are covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company.
Several research firms have recently commented on RWEOY. Morgan Stanley restated an “overweight” rating on shares of RWE in a report on Thursday, July 23rd. Citigroup reissued a “neutral” rating on shares of RWE in a research report on Wednesday, July 29th. Royal Bank Of Canada restated an “outperform” rating on shares of RWE in a research note on Monday, August 17th. Zacks Research upgraded shares of RWE from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 30th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of RWE in a research note on Monday, August 17th.
Get Our Latest Stock Analysis on RWEOY
RWE Price Performance
Shares of OTCMKTS RWEOY opened at $65.16 on Friday. The company has a market capitalization of $47.31 billion, a PE ratio of 17.70, a P/E/G ratio of 1.19 and a beta of 0.58. The company has a quick ratio of 1.29, a current ratio of 1.35 and a debt-to-equity ratio of 0.34. RWE has a twelve month low of $46.37 and a twelve month high of $74.10. The firm has a fifty day simple moving average of $67.31 and a 200 day simple moving average of $66.59.
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.
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