Analysts Set RWE AG (RWEOY) PT at $19.00
Shares of RWE AG (NASDAQ:RWEOY) have received an average rating of “Buy” from the eleven ratings firms that are presently covering the firm. Two research analysts have rated the stock with a sell recommendation, one has given a hold recommendation, seven have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $19.00.
A number of equities analysts recently weighed in on RWEOY shares. Zacks Investment Research cut RWE AG from a “hold” rating to a “sell” rating in a research note on Wednesday, January 18th. JPMorgan Chase & Co. cut RWE AG from an “overweight” rating to a “neutral” rating in a research note on Monday, March 27th.
RWE AG (NASDAQ:RWEOY) traded up 0.037% during trading on Monday, hitting $16.361. 3,562 shares of the stock were exchanged. The stock’s 50 day moving average is $15.84 and its 200-day moving average is $14.19. RWE AG has a one year low of $11.55 and a one year high of $17.78. The company’s market cap is $10.06 billion.
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RWE AG Company Profile
RWE AG (RWE) is a holding company. The Company is a supplier of electricity and natural gas in Europe. The Company is engaged in production of lignite and electricity generation from gas, coal, nuclear and renewables, to energy trading and distribution, and the supply of electricity, gas and other solutions.
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