RWE AG (RWEOY) Rating Increased to Buy at Berenberg Bank
RWE AG (OTCMKTS:RWEOY) was upgraded by analysts at Berenberg Bank from a “hold” rating to a “buy” rating in a note issued to investors on Wednesday.
Other equities analysts have also issued research reports about the stock. HSBC upgraded shares of RWE AG from a “reduce” rating to a “hold” rating in a research report on Monday, October 10th. Royal Bank Of Canada upgraded shares of RWE AG from a “sector perform” rating to an “outperform” rating in a research report on Wednesday. One analyst has rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $14.00.
RWE AG (OTCMKTS:RWEOY) opened at 12.742 on Wednesday. RWE AG has a 12 month low of $11.12 and a 12 month high of $17.78. The company’s 50 day moving average is $0.00 and its 200 day moving average is $0.00.
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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