RWE (RWEOY) to Release Quarterly Earnings on Wednesday

RWE (OTCMKTS:RWEOY) is expected to announce its results before the market opens on Wednesday, November 12th. Analysts expect the company to announce earnings of $0.16 per share for the quarter.

RWE Stock Down 0.3%

OTCMKTS RWEOY opened at $49.67 on Monday. The business has a fifty day moving average price of $45.32 and a 200 day moving average price of $41.98. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.21 and a current ratio of 1.27. The company has a market cap of $33.59 billion, a P/E ratio of 12.93 and a beta of 0.71. RWE has a one year low of $28.68 and a one year high of $50.09.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on RWEOY. Zacks Research raised shares of RWE from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. Citigroup cut RWE from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 23rd. BNP Paribas set a $53.30 price target on RWE and gave the company an “outperform” rating in a report on Wednesday, October 8th. Finally, Sanford C. Bernstein raised RWE from a “market perform” rating to an “outperform” rating in a research note on Thursday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $53.30.

About RWE

RWE Aktiengesellschaft generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally. It operates through five segments: Offshore Wind; Onshore Wind/Solar; Hydro/Biomass/Gas; Supply & Trading; and Coal/Nuclear.