Royal Bank Of Canada upgraded shares of RWE AG (OTCMKTS:RWEOY) from a sector perform rating to an outperform rating in a research note issued to investors on Wednesday.

Separately, HSBC raised RWE AG from a reduce rating to a hold rating in a research report on Monday, October 10th. One research analyst has rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the company. The stock presently has an average rating of Hold and a consensus target price of $14.00.

Shares of RWE AG (OTCMKTS:RWEOY) traded down 2.76% on Wednesday, reaching $12.67. 8,298 shares of the company traded hands. The firm has a 50-day moving average of $0.00 and a 200-day moving average 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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