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RWE AG (NASDAQ:RWEOY) was upgraded by investment analysts at Santander from an “underweight” rating to a “buy” rating in a note issued to investors on Wednesday.

Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital upgraded shares of RWE AG from an “underperform” rating to a “sector perform” rating in a research note on Wednesday, May 21st. They now have a $27.00 price target on the stock, up previously from $22.00. Separately, analysts at Goldman Sachs upgraded shares of RWE AG from a “neutral” rating to a “buy” rating in a research note on Friday, May 16th. Finally, analysts at Deutsche Bank upgraded shares of RWE AG from a “hold” rating to a “buy” rating in a research note on Thursday, May 15th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $27.00.

Shares of RWE AG (NASDAQ:RWEOY) opened at 39.79 on Wednesday. RWE AG has a 52-week low of $27.19 and a 52-week high of $42.34. The stock’s 50-day moving average is $38.88 and its 200-day moving average is $38.23. The company’s market cap is $24.461 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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