RWE AG (RWEOY) Rating Increased to Hold at HSBC
RWE AG (NASDAQ:RWEOY) was upgraded by HSBC from a “reduce” rating to a “hold” rating in a research report issued to clients and investors on Monday.
RWEOY has been the subject of several other reports. Zacks Investment Research upgraded shares of RWE AG from a “sell” rating to a “hold” rating in a research report on Wednesday, August 31st. Jefferies Group upgraded shares of RWE AG from a “hold” rating to a “buy” rating in a research report on Monday, July 11th. Societe Generale upgraded shares of RWE AG from a “hold” rating to a “buy” rating in a research report on Tuesday, June 28th. Barclays PLC raised shares of RWE AG from an “equal weight” rating to an “overweight” rating in a research note on Thursday, June 23rd. Finally, Berenberg Bank raised shares of RWE AG from a “sell” rating to a “hold” rating in a research note on Thursday, July 28th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $15.00.
Shares of RWE AG (NASDAQ:RWEOY) traded down 0.40% on Monday, reaching $14.85. The company had a trading volume of 19,176 shares. The company’s 50-day moving average is $16.34 and its 200-day moving average is $15.22. The company’s market capitalization is $9.07 billion. RWE AG has a one year low of $11.12 and a one year high of $17.78.
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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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