RWE AG (RWEOY) Receives Average Recommendation of “Hold” from Analysts
Shares of RWE AG (NASDAQ:RWEOY) have been given a consensus rating of “Hold” by the six ratings firms that are currently covering the company. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company.
RWEOY has been the subject of several research analyst reports. Zacks Investment Research lowered shares of RWE AG from a “hold” rating to a “sell” rating in a research report on Tuesday, September 13th. HSBC raised shares of RWE AG from a “reduce” rating to a “hold” rating in a research report on Monday, October 10th. Berenberg Bank raised shares of RWE AG from a “sell” rating to a “hold” rating in a research report on Thursday, July 28th. Barclays PLC raised shares of RWE AG from an “equal weight” rating to an “overweight” rating in a research report on Thursday, June 23rd. Finally, Societe Generale raised shares of RWE AG from a “hold” rating to a “buy” rating in a research report on Tuesday, June 28th.
RWE AG (NASDAQ:RWEOY) opened at 15.31 on Monday. The firm has a 50 day moving average of $16.31 and a 200-day moving average of $15.25. RWE AG has a 52-week low of $11.12 and a 52-week high of $17.78. The company’s market capitalization is $9.35 billion.
About RWE AG
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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