Kepler Capital Markets Upgrades RWE (OTCMKTS:RWEOY) to “Hold”

RWE (OTCMKTS:RWEOY) was upgraded by analysts at Kepler Capital Markets from a “strong sell” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

Other equities research analysts have also issued research reports about the company. Sanford C. Bernstein lowered RWE from an “outperform” rating to a “hold” rating in a report on Friday, February 13th. Citigroup reissued a “neutral” rating on shares of RWE in a report on Wednesday, February 11th. Finally, Zacks Research upgraded RWE from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 9th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, RWE currently has a consensus rating of “Moderate Buy” and a consensus target price of $53.30.

RWE Price Performance

Shares of OTCMKTS RWEOY opened at $67.45 on Monday. The stock has a fifty day moving average price of $61.72 and a 200 day moving average price of $53.06. RWE has a 1-year low of $33.83 and a 1-year high of $67.86. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.30 and a quick ratio of 1.21. The company has a market cap of $48.97 billion, a PE ratio of 13.82 and a beta of 0.68.

RWE (OTCMKTS:RWEOY) last released its earnings results on Thursday, March 12th. The utilities provider reported $0.84 EPS for the quarter, topping the consensus estimate of $0.59 by $0.25. RWE had a net margin of 17.96% and a return on equity of 4.96%. The company had revenue of $18.29 billion during the quarter, compared to analysts’ expectations of $18.29 billion. Sell-side analysts forecast that RWE will post 3.18 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.