RWE (OTCMKTS:RWEOY) Stock Bumped Up to “Strong-Buy” by Zacks Research

RWE (OTCMKTS:RWEOY – Get Free Report) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Wednesday, Zacks reports.

A number of other equities research analysts have also issued reports on RWEOY. Royal Bank Of Canada reissued an “outperform” rating on shares of RWE in a research note on Monday, August 17th. Citigroup reissued a “neutral” rating on shares of RWE in a research report on Wednesday, July 29th. Morgan Stanley reaffirmed an “overweight” rating on shares of RWE in a report on Thursday, July 23rd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of RWE in a report on Monday, August 17th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, RWE presently has a consensus rating of “Moderate Buy” and a consensus price target of $53.30.

Get Our Latest Analysis on RWE

RWE Price Performance

OTCMKTS RWEOY opened at $65.88 on Wednesday. The stock’s 50-day moving average price is $67.22 and its two-hundred day moving average price is $66.56. The company has a market cap of $47.83 billion, a PE ratio of 12.52, a PEG ratio of 1.22 and a beta of 0.58. The company has a current ratio of 1.35, a quick ratio of 1.29 and a debt-to-equity ratio of 0.34. RWE has a 1 year low of $45.52 and a 1 year high of $74.10.

About RWE

(Get Free Report)

RWE AG is a Germany-based energy company engaged in the generation, trading and supply of electricity. Its business is centered on renewable energy, including onshore and offshore wind, solar power and battery storage, supported by flexible generation and energy trading activities.

The company develops, builds and operates energy projects and provides electricity-related services to commercial and residential customers through its supply businesses. RWE has also pursued technologies intended to support the energy transition, including green hydrogen and other lower-carbon energy solutions.

RWE traces its origins to the formation of Rheinisch-Westfälisches Elektrizitätswerk in 1898.

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Analyst Recommendations for RWE (OTCMKTS:RWEOY)

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