RWE AG (RWEOY) – What Are Researchers Saying About This Stock?

RWE AG (OTCMKTS:RWEOY) has been assigned an average recommendation of “Hold” from the eight research firms that are covering the firm, MarketBeat.com reports. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company.

Several equities research analysts have recently issued reports on RWEOY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of RWE in a research report on Monday, August 17th. Citigroup reissued a “neutral” rating on shares of RWE in a report on Wednesday, July 29th. Morgan Stanley restated an “overweight” rating on shares of RWE in a research note on Thursday, July 23rd. Zacks Research downgraded RWE from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 29th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of RWE in a research report on Monday, August 17th.

RWE Trading Up 1.6%

OTCMKTS RWEOY opened at $64.56 on Thursday. RWE has a 52 week low of $48.71 and a 52 week high of $74.10. The firm has a 50 day moving average of $66.53 and a two-hundred day moving average of $65.57. The company has a quick ratio of 1.29, a current ratio of 1.35 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $46.88 billion, a PE ratio of 12.27, a price-to-earnings-growth ratio of 1.12 and a beta of 0.57.

About RWE

RWE AG is a Germany-based energy company engaged in electricity generation, energy trading and the development of renewable energy projects. Its portfolio includes offshore and onshore wind farms, solar facilities, battery storage systems and flexible conventional power generation, including gas-fired and other dispatchable plants. The company also supplies energy and provides energy-related services to commercial and industrial customers.

RWE has expanded its renewable energy activities through organic development and acquisitions, including the 2019 acquisition of substantially all of E.ON’s renewable generation, gas generation and energy trading operations as part of the broader innogy transaction.