RWE AG (RWEOY) Upgraded to Buy by Berenberg Bank
RWE AG (NASDAQ:RWEOY) was upgraded by equities researchers at Berenberg Bank from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday.
RWEOY has been the subject of several other research reports. Zacks Investment Research downgraded shares of RWE AG from a “hold” rating to a “sell” rating in a research note on Tuesday, September 13th. HSBC upgraded shares of RWE AG from a “reduce” rating to a “hold” rating in a research note on Monday, October 10th. Finally, Royal Bank Of Canada upgraded shares of RWE AG from a “sector perform” rating to an “outperform” rating in a research note on Wednesday. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $15.00.
RWE AG (NASDAQ:RWEOY) opened at 13.128 on Wednesday. The company has a 50 day moving average price of $0.00 and a 200 day moving average price of $0.00. RWE AG has a 52 week low of $11.12 and a 52 week high of $17.78.
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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