Rwe Ag Sp (OTCMKTS:RWEOY) Receives $37.00 Average PT from Brokerages
Shares of Rwe Ag Sp (OTCMKTS:RWEOY) have earned a consensus recommendation of “Buy” from the eleven analysts that are presently covering the stock, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $37.00.
A number of research firms recently issued reports on RWEOY. Zacks Investment Research upgraded shares of Rwe Ag Sp from a “hold” rating to a “strong-buy” rating and set a $37.00 price objective for the company in a report on Thursday, May 28th. Barclays reiterated an “overweight” rating on shares of Rwe Ag Sp in a research note on Friday, May 15th. Credit Suisse Group upgraded shares of Rwe Ag Sp from a “neutral” rating to an “outperform” rating in a research note on Wednesday, May 6th. Citigroup initiated coverage on shares of Rwe Ag Sp in a research note on Wednesday, June 3rd. They issued a “buy” rating for the company. Finally, HSBC upgraded shares of Rwe Ag Sp from a “hold” rating to a “buy” rating in a research note on Wednesday, June 17th.
RWEOY opened at $34.58 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.33 and a quick ratio of 1.28. The company’s 50-day moving average is $32.93 and its 200 day moving average is $31.20. Rwe Ag Sp has a fifty-two week low of $21.92 and a fifty-two week high of $38.50. The firm has a market capitalization of $21.26 billion, a P/E ratio of -27.23, a PEG ratio of 1.54 and a beta of 1.06.
The business also recently announced an annual dividend, which will be paid on Monday, July 13th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.646 per share. The ex-dividend date of this dividend is Monday, June 29th. This represents a yield of 1.84%. Rwe Ag Sp’s payout ratio is presently -44.09%.
About Rwe Ag Sp
RWE Aktiengesellschaft supplies electricity and gas. It operates through four segments: Lignite & Nuclear; European Power; Supply & Trading; and Innogy. The company operates power stations based on lignite, coal, gas, nuclear power, renewable energies, and hydro and biomass; and operates and maintains solar farms, as well as generates heat.
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