RWE Aktiengesellschaft (OTCMKTS:RWEOY) Given Average Recommendation of “Buy” by Brokerages

Shares of RWE Aktiengesellschaft (OTCMKTS:RWEOY – Get Rating) have been given an average rating of “Buy” by the fifteen brokerages that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $47.52.

Several research analysts have weighed in on RWEOY shares. Royal Bank of Canada decreased their price target on shares of RWE Aktiengesellschaft from €48.00 ($50.53) to €46.50 ($48.95) in a research report on Tuesday, January 25th. Barclays raised their price objective on shares of RWE Aktiengesellschaft from €42.00 ($44.21) to €52.00 ($54.74) and gave the company an “overweight” rating in a research report on Monday, February 21st. JPMorgan Chase & Co. decreased their price objective on shares of RWE Aktiengesellschaft from €64.00 ($67.37) to €60.00 ($63.16) in a research report on Thursday, March 31st. Berenberg Bank raised their price objective on shares of RWE Aktiengesellschaft from €38.30 ($40.32) to €42.50 ($44.74) in a research report on Wednesday, January 19th. Finally, Citigroup raised their price objective on shares of RWE Aktiengesellschaft to €45.00 ($47.37) in a research report on Tuesday, April 5th.

RWEOY opened at $40.77 on Tuesday. The company has a current ratio of 1.07, a quick ratio of 1.04 and a debt-to-equity ratio of 0.40. RWE Aktiengesellschaft has a 1-year low of $33.51 and a 1-year high of $46.51. The firm’s 50 day simple moving average is $42.41 and its two-hundred day simple moving average is $40.65.

RWE Aktiengesellschaft (OTCMKTS:RWEOY – Get Rating) last released its quarterly earnings results on Tuesday, March 15th. The utilities provider reported $0.92 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.64. RWE Aktiengesellschaft had a net margin of 3.34% and a return on equity of 7.94%. The business had revenue of $12.89 billion for the quarter. As a group, sell-side analysts predict that RWE Aktiengesellschaft will post 2.4 earnings per share for the current fiscal year.

The business also recently declared a dividend, which will be paid on Friday, May 13th. Shareholders of record on Monday, May 2nd will be issued a $0.7014 dividend. The ex-dividend date is Friday, April 29th. This represents a yield of 1.63%. RWE Aktiengesellschaft’s dividend payout ratio is currently 49.65%.

RWE Aktiengesellschaft Company Profile (Get Rating)

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.

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