RWE AG (OTCMKTS:RWEOY) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of RWE AG (OTCMKTS:RWEOY) have earned a consensus recommendation of “Hold” from the eight brokerages that are covering the stock, Marketbeat reports. Five analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $53.30.

Several equities analysts have recently commented on the stock. Morgan Stanley restated an “overweight” rating on shares of RWE in a report on Thursday, July 23rd. BNP Paribas Exane downgraded RWE from an “outperform” rating to a “neutral” rating in a research note on Thursday, May 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of RWE in a research note on Monday. Citigroup reiterated a “neutral” rating on shares of RWE in a report on Wednesday, July 29th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of RWE in a report on Monday.

RWE Stock Performance

Shares of RWEOY opened at $66.92 on Friday. The company has a 50-day moving average of $65.07 and a two-hundred day moving average of $65.42. The stock has a market cap of $48.59 billion, a price-to-earnings ratio of 12.72, a PEG ratio of 1.36 and a beta of 0.62. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.26 and a quick ratio of 1.22. RWE has a one year low of $39.15 and a one year high of $74.10.

About RWE

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.