HSBC Upgrades RWE AG (RWEOY) to “Hold”
RWE AG (OTCMKTS:RWEOY) was upgraded by HSBC from a “reduce” rating to a “hold” rating in a note issued to investors on Monday.
Separately, Societe Generale raised RWE AG from a “hold” rating to a “buy” rating in a report on Tuesday, June 28th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $14.00.
RWE AG (OTCMKTS:RWEOY) traded down 0.74% during trading on Monday, hitting $14.83. The stock had a trading volume of 9,055 shares. RWE AG has a one year low of $11.12 and a one year high of $17.78. The firm’s market capitalization is $9.06 billion. The stock has a 50 day moving average of $16.53 and a 200 day moving average of $15.17.
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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