HSBC Upgrades RWE AG (RWEOY) to “Hold”

RWE AG (OTCMKTS:RWEOY) was upgraded by research analysts at HSBC from a “reduce” rating to a “hold” rating in a research note issued on Monday, reports.

Separately, Societe Generale raised RWE AG from a “hold” rating to a “buy” rating in a research note on Tuesday, June 28th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $14.00.

Analyst Recommendations for RWE AG (OTCMKTS:RWEOY)

Shares of RWE AG (OTCMKTS:RWEOY) traded down 0.74% during midday trading on Monday, hitting $14.83. The company had a trading volume of 9,055 shares. RWE AG has a 52 week low of $11.12 and a 52 week high of $17.78. The company’s market capitalization is $9.06 billion. The firm’s 50 day moving average is $16.53 and its 200 day moving average is $15.17.

RWE AG Company Profile

RWE AG is a holding company. The Company is a supplier of electricity and natural gas in Europe. The Company is engaged in lignite production; electricity generation from gas, coal, nuclear and renewables, and energy trading and electricity and gas distribution and supply, as well as in developing and providing energy management solutions.

Stock Target Prices

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