RWE AG (RWEOY) Raised to Buy at UBS AG
UBS AG upgraded shares of RWE AG (OTCMKTS:RWEOY) from a neutral rating to a buy rating in a report released on Wednesday morning, The Fly reports.
Other research analysts also recently issued research reports about the stock. BNP Paribas downgraded shares of RWE AG from a neutral rating to an underperform rating in a research report on Tuesday, September 19th. Zacks Investment Research raised shares of RWE AG from a hold rating to a buy rating and set a $27.00 target price for the company in a report on Wednesday, September 20th. ValuEngine raised shares of RWE AG from a buy rating to a strong-buy rating in a report on Monday, August 7th. Berenberg Bank downgraded shares of RWE AG from a buy rating to a hold rating in a report on Tuesday, September 5th. Finally, Societe Generale downgraded shares of RWE AG from a buy rating to a hold rating in a report on Friday, September 15th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of $27.00.
RWE AG (OTCMKTS:RWEOY) opened at $23.49 on Wednesday. RWE AG has a 12-month low of $11.55 and a 12-month high of $26.89. The company has a market cap of $14,372.74, a PE ratio of 9.39, a PEG ratio of 0.62 and a beta of 1.47. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.13 and a quick ratio of 1.06.
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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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