RWE AG (RWEOY) Receives Average Recommendation of “Hold” from Brokerages
Shares of RWE AG (NASDAQ:RWEOY) have been assigned a consensus recommendation of “Hold” from the six research firms that are covering the company. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a buy recommendation on the company.
RWEOY has been the topic of several research reports. Zacks Investment Research cut RWE AG from a “hold” rating to a “sell” rating in a research report on Tuesday, September 13th. HSBC reaffirmed a “hold” rating on shares of RWE AG in a research report on Monday. Berenberg Bank upgraded shares of RWE AG from a “sell” rating to a “hold” rating in a report on Thursday, July 28th. Barclays PLC upgraded shares of RWE AG from an “equal weight” rating to an “overweight” rating in a report on Thursday, June 23rd. Finally, Societe Generale upgraded shares of RWE AG from a “hold” rating to a “buy” rating in a report on Tuesday, June 28th.
Shares of RWE AG (NASDAQ:RWEOY) opened at 14.91 on Monday. RWE AG has a 52 week low of $11.12 and a 52 week high of $17.78. The stock has a 50 day moving average price of $16.39 and a 200 day moving average price of $15.23. The stock’s market capitalization is $9.10 billion.
About RWE AG
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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