RWE AG (NASDAQ:RWEOY) Given Consensus Recommendation of “Hold” by Brokerages
RWE AG (NASDAQ:RWEOY) has been given a consensus rating of “Hold” by the six research firms that are currently covering the company. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have assigned a buy recommendation to the company.
Several research firms recently commented on RWEOY. Jefferies Group raised RWE AG from a “hold” rating to a “buy” rating in a research report on Monday, July 11th. Barclays PLC upgraded RWE AG from an “equal weight” rating to an “overweight” rating in a report on Thursday, June 23rd. Societe Generale upgraded RWE AG from a “hold” rating to a “buy” rating in a report on Tuesday, June 28th. Zacks Investment Research downgraded RWE AG from a “hold” rating to a “sell” rating in a report on Tuesday, September 13th. Finally, Berenberg Bank upgraded RWE AG from a “sell” rating to a “hold” rating in a report on Thursday, July 28th.
RWE AG (NASDAQ:RWEOY) traded down 0.569% during midday trading on Monday, hitting $14.855. The stock had a trading volume of 9,538 shares. The company has a 50-day moving average price of $16.53 and a 200-day moving average price of $15.17. RWE AG has a 12-month low of $11.12 and a 12-month high of $17.78. The company’s market cap is $9.07 billion.
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RWE AG Company Profile
RWE AG is a holding company. The Company is a supplier of electricity and natural gas in Europe. The Company is engaged in lignite production; electricity generation from gas, coal, nuclear and renewables, and energy trading and electricity and gas distribution and supply, as well as in developing and providing energy management solutions.
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