RWE (OTCMKTS:RWEOY) Upgraded at Kepler Capital Markets

RWE (OTCMKTS:RWEOY) was upgraded by analysts at Kepler Capital Markets from a “strong sell” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

Several other research firms also recently commented on RWEOY. Citigroup reissued a “neutral” rating on shares of RWE in a report on Wednesday, February 11th. Zacks Research raised RWE from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 9th. Finally, Sanford C. Bernstein cut shares of RWE from an “outperform” rating to a “hold” rating in a research note on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $53.30.

RWE Trading Up 2.2%

OTCMKTS:RWEOY opened at $66.28 on Monday. The company’s 50-day simple moving average is $61.49 and its 200 day simple moving average is $52.87. RWE has a one year low of $33.83 and a one year high of $66.47. The firm has a market capitalization of $48.12 billion, a P/E ratio of 13.58 and a beta of 0.68. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.30 and a quick ratio of 1.21.

RWE (OTCMKTS:RWEOY) last issued its quarterly earnings results on Thursday, March 12th. The utilities provider reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.25. The firm had revenue of $18.29 billion for the quarter, compared to analysts’ expectations of $18.29 billion. RWE had a return on equity of 4.96% and a net margin of 17.96%. As a group, analysts forecast that RWE will post 3.18 EPS for the current fiscal year.

About RWE

RWE AG, traded in the U.S. as OTCMKTS:RWEOY, is a leading European energy company headquartered in Essen, Germany. The firm operates as an integrated utility, encompassing power generation, supply, trading and renewable energy development. Its diversified portfolio spans conventional assets—such as gas- and coal-fired power plants—and an expanding array of wind, solar and battery-storage projects managed through its RWE Renewables division.

In its conventional business, RWE Generation produces baseload and peak‐load electricity to meet industrial and consumer demand across Germany, the Netherlands and the UK.