RWE AG (OTCMKTS:RWEOY) Given Consensus Rating of “Moderate Buy” by Analysts

RWE AG (OTCMKTS:RWEOY) has received an average rating of “Moderate Buy” from the six brokerages that are currently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $53.30.

Several research firms have commented on RWEOY. Citigroup restated a “neutral” rating on shares of RWE in a research note on Wednesday, February 11th. Sanford C. Bernstein downgraded shares of RWE from an “outperform” rating to a “hold” rating in a report on Friday, February 13th. Zacks Research raised shares of RWE from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 9th. Finally, Kepler Capital Markets raised shares of RWE from a “strong sell” rating to a “hold” rating in a research report on Monday.

RWE Trading Up 2.2%

RWEOY opened at $66.28 on Tuesday. The stock has a market capitalization of $48.12 billion, a P/E ratio of 13.58 and a beta of 0.68. The company has a current ratio of 1.30, a quick ratio of 1.21 and a debt-to-equity ratio of 0.42. RWE has a 12 month low of $33.83 and a 12 month high of $66.47. The firm’s fifty day simple moving average is $61.49 and its 200 day simple moving average is $52.87.

RWE (OTCMKTS:RWEOY) last posted its quarterly earnings data on Thursday, March 12th. The utilities provider reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.25. The company had revenue of $18.29 billion during the quarter, compared to analysts’ expectations of $18.29 billion. RWE had a return on equity of 4.96% and a net margin of 17.96%. As a group, research analysts anticipate that RWE will post 3.18 EPS for the current fiscal year.

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.