RWE (OTCMKTS:RWEOY) Rating Increased to Strong-Buy at Zacks Research

Zacks Research upgraded shares of RWE (OTCMKTS:RWEOY) from a hold rating to a strong-buy rating in a research report released on Monday,Zacks.com reports.

A number of other equities research analysts have also commented on the stock. Citigroup restated a “neutral” rating on shares of RWE in a report on Wednesday, February 11th. Sanford C. Bernstein cut RWE from an “outperform” rating to a “hold” rating in a report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $53.30.

RWE Stock Performance

Shares of RWEOY opened at $62.81 on Monday. The firm has a market cap of $45.61 billion, a P/E ratio of 17.95 and a beta of 0.68. RWE has a twelve month low of $33.52 and a twelve month high of $64.90. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.21 and a current ratio of 1.30. The firm’s 50 day moving average price is $60.68 and its two-hundred day moving average price is $52.21.

RWE Company Profile

RWE AG, traded in the U.S. as OTCMKTS:RWEOY, is a leading European energy company headquartered in Essen, Germany. The firm operates as an integrated utility, encompassing power generation, supply, trading and renewable energy development. Its diversified portfolio spans conventional assets—such as gas- and coal-fired power plants—and an expanding array of wind, solar and battery-storage projects managed through its RWE Renewables division.

In its conventional business, RWE Generation produces baseload and peak‐load electricity to meet industrial and consumer demand across Germany, the Netherlands and the UK.