RWE AG (RWEOY) Upgraded to Hold by HSBC
RWE AG (OTCMKTS:RWEOY) was upgraded by HSBC from a “reduce” rating to a “hold” rating in a research note issued on Monday, StockTargetPrices.com reports.
Separately, Societe Generale upgraded shares of RWE AG from a “hold” rating to a “buy” rating in a research note on Tuesday, June 28th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $14.00.
Shares of RWE AG (OTCMKTS:RWEOY) traded down 0.87% on Monday, reaching $14.81. 10,822 shares of the company’s stock were exchanged. RWE AG has a 12 month low of $11.12 and a 12 month high of $17.78. The company’s market cap is $9.04 billion. The firm’s 50-day moving average price is $16.53 and its 200 day moving average price is $15.17.
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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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