RWE AG Upgraded to “Neutral” by BNP Paribas (RWEOY)
RWE AG (NASDAQ:RWEOY) was upgraded by equities researchers at BNP Paribas from an “underperform” rating to a “neutral” rating in a research report issued on Monday, TheFlyOnTheWall.com reports.
Shares of RWE AG (NASDAQ:RWEOY) opened at 34.63 on Monday. RWE AG has a one year low of $27.19 and a one year high of $47.14. The stock’s 50-day moving average is $31.3 and its 200-day moving average is $33.09. The company has a market cap of $21.328 billion and a P/E ratio of 23.45.
A number of other analysts have also recently weighed in on RWEOY. Analysts at Citigroup Inc. downgraded shares of RWE AG from a “neutral” rating to a “sell” rating in a research note to investors on Thursday, September 12th. Separately, analysts at JPMorgan Chase & Co. upgraded shares of RWE AG from an “underweight” rating to a “neutral” rating in a research note to investors on Thursday, September 5th. Finally, analysts at RBC Capital downgraded shares of RWE AG from a “sector perform” rating to an “underperform” rating in a research note to investors on Monday, August 5th. Six research analysts have rated the stock with a sell rating and five have issued a hold rating to the company. The company has an average rating of “Sell”.
RWE AG is a Germany-based electricity and gas company. It diversifies its activities into seven divisions: Germany, which consists of the Power Generation and Sales and Distribution Networks business area; Netherlands/Belgium; Great Britain; The Central Eastern and South Eastern Europe; Renewables; Upstream Gas and Oil, and Trading/Gas Midstream.
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