RWE AG (RWEOY) Downgraded by JPMorgan Chase & Co. to Neutral

RWE AG (OTC:RWEOY) was downgraded by research analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a research note issued on Monday, StockTargetPrices.com reports.

A number of other research analysts also recently issued reports on RWEOY. Credit Suisse Group AG upgraded shares of RWE AG from a “neutral” rating to an “outperform” rating in a research report on Monday, December 12th. HSBC Holdings plc downgraded shares of RWE AG from a “hold” rating to a “reduce” rating in a research report on Monday, November 28th.

Shares of RWE AG (OTC:RWEOY) traded down 1.83% on Monday, hitting $16.06. 8,638 shares of the stock were exchanged. The stock’s 50-day moving average is $14.55 and its 200-day moving average is $14.25. The stock’s market cap is $9.87 billion. RWE AG has a 1-year low of $11.55 and a 1-year high of $17.78.

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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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