RWE AG (OTCMKTS:RWEOY) Receives $53.30 Consensus Target Price from Analysts

Shares of RWE AG (OTCMKTS:RWEOY) have received an average recommendation of “Hold” from the eight research firms that are currently covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $53.30.

RWEOY has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of RWE in a research report on Monday, August 17th. Citigroup reiterated a “neutral” rating on shares of RWE in a report on Wednesday, July 29th. Royal Bank Of Canada restated an “outperform” rating on shares of RWE in a report on Monday, August 17th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of RWE in a research report on Thursday, July 23rd.

RWE Price Performance

Shares of RWEOY opened at $69.54 on Wednesday. The company has a market cap of $50.49 billion, a P/E ratio of 13.22, a PEG ratio of 1.41 and a beta of 0.61. RWE has a fifty-two week low of $41.53 and a fifty-two week high of $74.10. The company has a quick ratio of 1.22, a current ratio of 1.26 and a debt-to-equity ratio of 0.38. The firm’s 50 day moving average price is $66.83 and its 200 day moving average price is $66.23.

RWE Company Profile

RWE AG is a Germany-based energy company headquartered in Essen. Founded in 1898, the company has developed from a regional electricity provider into an international utility focused on electricity generation, energy trading and related services.

RWE’s principal activities include the development, construction and operation of renewable-energy facilities, including offshore and onshore wind farms, solar projects and battery-storage systems. The company also operates flexible gas-fired and hydroelectric power plants and is involved in electricity generation, supply and trading.