A number of other research analysts also recently issued reports on RWEOY. Zacks Investment Research downgraded RWE AG from a hold rating to a sell rating in a research note on Tuesday, September 13th. Barclays PLC raised RWE AG from an equal weight rating to an overweight rating in a research note on Thursday, June 23rd. Societe Generale raised RWE AG from a hold rating to a buy rating in a research report on Tuesday, June 28th. Berenberg Bank raised RWE AG from a sell rating to a hold rating in a research report on Thursday, July 28th. Finally, Jefferies Group raised RWE AG from a hold rating to a buy rating in a research report on Monday, July 11th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. The company has a consensus rating of Hold and an average target price of $15.00.
RWE AG (NASDAQ:RWEOY) opened at 14.85 on Monday. RWE AG has a 12 month low of $11.12 and a 12 month high of $17.78. The firm’s market capitalization is $9.07 billion. The company’s 50-day moving average price is $16.34 and its 200 day moving average price is $15.22.
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.
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