RWE AG (OTCMKTS:RWEOY – Get Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $64.72 and traded as low as $63.71. RWE shares last traded at $63.8540, with a volume of 57,930 shares changing hands.
Wall Street Analyst Weigh In
Several research analysts recently commented on the company. Zacks Research cut RWE from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 18th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of RWE in a research report on Thursday, July 9th. BNP Paribas Exane downgraded RWE from an “outperform” rating to a “neutral” rating in a report on Thursday, May 21st. Finally, Morgan Stanley reissued an “overweight” rating on shares of RWE in a research report on Thursday, May 14th. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $53.30.
RWE Stock Performance
RWE (OTCMKTS:RWEOY – Get Free Report) last issued its quarterly earnings data on Wednesday, May 13th. The utilities provider reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.38. The company had revenue of $5.09 billion for the quarter, compared to the consensus estimate of $9.76 billion. RWE had a net margin of 15.16% and a return on equity of 4.77%. RWE has set its FY 2026 guidance at 2.576-3.395 EPS. Equities analysts predict that RWE AG will post 3.27 EPS for the current year.
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.
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