RWE AG Receives Consensus Rating of “Hold” from Brokerages (NASDAQ:RWEOY)
RWE AG (NASDAQ:RWEOY) has earned a consensus recommendation of “Hold” from the eight ratings firms that are presently covering the company, Stock Ratings Network reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $27.00.
A number of research firms have recently commented on RWEOY. Analysts at Deutsche Bank upgraded shares of RWE AG from a “sell” rating to a “hold” rating in a research note on Tuesday. Analysts at Santander upgraded shares of RWE AG from an “underweight” rating to a “buy” rating in a research note on Wednesday, June 18th.
Shares of RWE AG (NASDAQ:RWEOY) traded up 0.74% during mid-day trading on Wednesday, hitting $39.41. 1,797 shares of the company’s stock traded hands. RWE AG has a 52-week low of $27.37 and a 52-week high of $44.85. The stock’s 50-day moving average is $40.45 and its 200-day moving average is $39.86. The company’s market cap is $22.858 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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