RWE AG Rating Increased to Hold at Deutsche Bank (RWEOY)
RWE AG (NASDAQ:RWEOY) was upgraded by equities researchers at Deutsche Bank from a “sell” rating to a “hold” rating in a research report issued on Tuesday, TheFlyOnTheWall.com reports.
RWE AG (NASDAQ:RWEOY) traded up 0.44% on Tuesday, hitting $39.23. The stock had a trading volume of 5,725 shares. RWE AG has a 52-week low of $27.37 and a 52-week high of $44.85. The stock has a 50-day moving average of $40.49 and a 200-day moving average of $39.87. The company’s market cap is $22.753 billion.
Separately, analysts at Santander upgraded shares of RWE AG from an “underweight” rating to a “buy” rating in a research note on Wednesday, June 18th. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. RWE AG currently has a consensus rating of “Hold” and an average price target of $27.00.
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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