RWE (OTCMKTS:RWEOY) Upgraded at Zacks Research

Zacks Research upgraded shares of RWE (OTCMKTS:RWEOY) from a hold rating to a strong-buy rating in a research note published on Monday,Zacks.com reports.

A number of other analysts have also recently issued reports on the company. Citigroup reissued a “neutral” rating on shares of RWE in a research note on Wednesday, February 11th. Sanford C. Bernstein downgraded shares of RWE from an “outperform” rating to a “hold” rating in a research report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, RWE presently has a consensus rating of “Moderate Buy” and a consensus price target of $53.30.

RWE Stock Down 1.4%

OTCMKTS:RWEOY opened at $61.91 on Monday. The stock has a market cap of $44.95 billion, a price-to-earnings ratio of 17.69 and a beta of 0.68. The company has a current ratio of 1.30, a quick ratio of 1.21 and a debt-to-equity ratio of 0.42. The stock has a 50-day moving average price of $60.86 and a two-hundred day moving average price of $52.27. RWE has a 1 year low of $33.52 and a 1 year high of $64.90.

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.