RWE AG (NASDAQ:RWEOY) Upgraded to “Strong-Buy” by ValuEngine
RWE AG (NASDAQ:RWEOY) was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating in a research report issued to clients and investors on Monday.
Other equities research analysts have also issued reports about the stock. Goldman Sachs Group, Inc. (The) raised shares of RWE AG from a “neutral” rating to a “buy” rating in a report on Thursday, June 8th. UBS AG upgraded shares of RWE AG from a “sell” rating to a “neutral” rating in a research report on Friday, July 7th. Investec upgraded shares of RWE AG from a “sell” rating to a “hold” rating in a research report on Thursday, June 22nd. HSBC Holdings plc upgraded shares of RWE AG from a “hold” rating to a “buy” rating in a research report on Thursday, June 15th. Finally, Deutsche Bank AG upgraded shares of RWE AG from a “hold” rating to a “buy” rating in a research report on Thursday, June 8th. Three equities research analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating to the company’s stock. RWE AG currently has an average rating of “Buy” and an average target price of $19.00.
Shares of RWE AG (RWEOY) traded up 0.41% during trading on Monday, hitting $21.81. 18,409 shares of the stock were exchanged. The firm has a 50 day moving average price of $20.83 and a 200 day moving average price of $17.34. The firm’s market capitalization is $13.41 billion. RWE AG has a 52 week low of $11.55 and a 52 week high of $22.59.
RWE AG Company Profile
RWE AG (RWE) is a holding company. The Company is a supplier of electricity and natural gas in Europe. The Company is engaged in production of lignite and electricity generation from gas, coal, nuclear and renewables, to energy trading and distribution, and the supply of electricity, gas and other solutions.
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