RWE (OTCMKTS:RWEOY) Upgraded to Strong-Buy at Zacks Research

RWE (OTCMKTS:RWEOY) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

Several other equities analysts have also commented on the company. Citigroup reaffirmed a “neutral” rating on shares of RWE in a report on Wednesday, February 11th. Sanford C. Bernstein lowered RWE from an “outperform” rating to a “hold” rating in a research report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $53.30.

RWE Trading Up 1.0%

OTCMKTS RWEOY opened at $62.81 on Monday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.21 and a current ratio of 1.30. RWE has a one year low of $33.52 and a one year high of $64.90. The company has a 50-day simple moving average of $60.68 and a 200-day simple moving average of $52.21. The firm has a market capitalization of $45.61 billion, a PE ratio of 17.95 and a beta of 0.68.

RWE Company Profile

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.