RWE AG (RWEOY) Receives Consensus Recommendation of “Buy” from Brokerages
RWE AG (NASDAQ:RWEOY) has received an average recommendation of “Buy” from the twelve research firms that are covering the company, MarketBeat Ratings reports. Six analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company.
A number of research analysts have weighed in on RWEOY shares. Zacks Investment Research lowered shares of RWE AG from a “buy” rating to a “hold” rating in a research note on Thursday. Societe Generale lowered shares of RWE AG from a “buy” rating to a “hold” rating in a research note on Friday. ValuEngine raised shares of RWE AG from a “buy” rating to a “strong-buy” rating in a research note on Monday, August 7th. Deutsche Bank AG raised shares of RWE AG from a “hold” rating to a “buy” rating in a research note on Thursday, June 8th. Finally, Berenberg Bank lowered shares of RWE AG from a “buy” rating to a “hold” rating in a research note on Monday, September 4th.
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Shares of RWE AG (RWEOY) traded up 0.21% during midday trading on Friday, reaching $24.06. 23,422 shares of the company’s stock traded hands. RWE AG has a 52-week low of $11.55 and a 52-week high of $25.80. The company has a 50 day moving average of $23.61 and a 200 day moving average of $19.60. The firm’s market cap is $14.81 billion.
About RWE AG
RWE AG (RWE) is a holding company. The Company is a supplier of electricity and natural gas in Europe. The Company is engaged in production of lignite and electricity generation from gas, coal, nuclear and renewables, to energy trading and distribution, and the supply of electricity, gas and other solutions.
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