RWE AG Rating Increased to Buy at Goldman Sachs (RWEOY)
RWE AG (NASDAQ:RWEOY) was upgraded by equities researchers at Goldman Sachs from a “neutral” rating to a “buy” rating in a research report issued on Friday, TheFlyOnTheWall.com reports.
RWEOY has been the subject of a number of other recent research reports. Analysts at Deutsche Bank upgraded shares of RWE AG from a “hold” rating to a “buy” rating in a research note on Thursday. Analysts at Investec downgraded shares of RWE AG from a “buy” rating to a “hold” rating in a research note on Tuesday, March 11th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. RWE AG presently has an average rating of “Hold”.
Shares of RWE AG (NASDAQ:RWEOY) opened at 36.408 on Friday. RWE AG has a 52 week low of $27.19 and a 52 week high of $42.34. The stock has a 50-day moving average of $38.52 and a 200-day moving average of $37.80. The company’s market cap is $22.382 billion.
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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