RWE AG Given Consensus Rating of “Hold” by Brokerages (NASDAQ:RWEOY)
RWE AG (NASDAQ:RWEOY) has earned an average recommendation of “Hold” from the eight ratings firms that are covering the stock, Analyst RN reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $27.00.
RWE AG (NASDAQ:RWEOY) opened at 39.01 on Wednesday. RWE AG has a 52-week low of $27.60 and a 52-week high of $44.85. The stock’s 50-day moving average is $40.1 and its 200-day moving average is $39.88. The company’s market cap is $22.626 billion.
A number of analysts have recently weighed in on RWEOY shares. Analysts at Deutsche Bank upgraded shares of RWE AG from a “sell” rating to a “hold” rating in a research note on Tuesday, August 26th. Analysts at Santander upgraded shares of RWE AG from an “underweight” rating to a “buy” rating in a research note on Wednesday, June 18th.
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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