RWE Aktiengesellschaft (OTCMKTS:RWEOY – Get Rating) was the target of a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 300 shares, a drop of 93.3% from the March 15th total of 4,500 shares. Based on an average daily volume of 43,500 shares, the short-interest ratio is presently 0.0 days.
A number of analysts have weighed in on RWEOY shares. Credit Suisse Group increased their target price on RWE Aktiengesellschaft from €39.00 ($42.39) to €39.10 ($42.50) and gave the stock an “outperform” rating in a research note on Tuesday, December 14th. Barclays increased their target price on RWE Aktiengesellschaft from €42.00 ($45.65) to €52.00 ($56.52) and gave the stock an “overweight” rating in a research note on Monday, February 21st. Citigroup increased their price target on RWE Aktiengesellschaft to €45.00 ($48.91) in a research report on Tuesday, April 5th. Zacks Investment Research downgraded RWE Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 16th. Finally, JPMorgan Chase & Co. dropped their price target on RWE Aktiengesellschaft from €64.00 ($69.57) to €60.00 ($65.22) in a research report on Thursday, March 31st. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $47.44.
RWEOY stock traded down $0.89 during trading on Wednesday, reaching $43.75. 18,526 shares of the company traded hands, compared to its average volume of 38,330. RWE Aktiengesellschaft has a 12 month low of $33.51 and a 12 month high of $46.51. The business has a 50 day simple moving average of $42.30 and a 200 day simple moving average of $39.98. The company has a market capitalization of $26.90 billion, a price-to-earnings ratio of 31.03 and a beta of 0.74. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.04 and a current ratio of 1.07.
RWE Aktiengesellschaft generates and supplies electricity from renewable and conventional sources primarily in Europe and the United States. It operates through five segments: Offshore Wind; Onshore Wind/Solar; Hydro/Biomass/Gas; Supply & Trading; and Coal/Nuclear. The company generates wind, solar, hydro, nuclear, gas, and biomass electricity.
- Get a free copy of the StockNews.com research report on RWE Aktiengesellschaft (RWEOY)
- OrganiGram’s Turnaround Begins To Blossom
- Three Dividend Stocks With Growth Potential
- Exelon Stock Still Has Extraordinary Upside
- Ross Stores On The Verge Of Major Rally
- Greenbrier Companies Stock has Green in its Future
Receive News & Ratings for RWE Aktiengesellschaft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RWE Aktiengesellschaft and related companies with MarketBeat.com's FREE daily email newsletter.