RWE AG (RWEOY) Rating Increased to Outperform at Royal Bank Of Canada
RWE AG (NASDAQ:RWEOY) was upgraded by analysts at Royal Bank Of Canada from a “sector perform” rating to an “outperform” rating in a research note issued on Wednesday.
Other research analysts have also issued reports about the company. Berenberg Bank raised RWE AG from a “sell” rating to a “hold” rating in a research report on Thursday, July 28th. Zacks Investment Research raised RWE AG from a “sell” rating to a “hold” rating in a research report on Wednesday, August 31st. Finally, 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, one has given a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $15.00.
RWE AG (NASDAQ:RWEOY) opened at 12.742 on Wednesday. RWE AG has a 52-week low of $11.12 and a 52-week high of $17.78. The company’s 50-day moving average price is $0.00 and its 200 day moving average price is $0.00.
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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