RWE Aktiengesellschaft (OTCMKTS:RWEOY) Reaches New 52-Week High at $47.51

RWE Aktiengesellschaft (OTCMKTS:RWEOYGet Rating)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $47.51 and last traded at $46.83, with a volume of 26111 shares traded. The stock had previously closed at $45.93.

Analysts Set New Price Targets

Several equities analysts have commented on RWEOY shares. JPMorgan Chase & Co. dropped their price target on shares of RWE Aktiengesellschaft from €60.00 ($65.22) to €59.00 ($64.13) and set an “overweight” rating for the company in a research note on Friday, December 9th. Credit Suisse Group lifted their price objective on shares of RWE Aktiengesellschaft from €49.00 ($53.26) to €50.50 ($54.89) and gave the stock an “outperform” rating in a research report on Tuesday, December 6th. Morgan Stanley decreased their price objective on shares of RWE Aktiengesellschaft from €53.00 ($57.61) to €52.00 ($56.52) in a research report on Tuesday, November 15th. Finally, Berenberg Bank decreased their price objective on shares of RWE Aktiengesellschaft from €55.00 ($59.78) to €53.00 ($57.61) and set a “buy” rating for the company in a research report on Tuesday, November 22nd. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of $51.06.

RWE Aktiengesellschaft Stock Up 2.0 %

The business’s fifty day moving average price is $43.81 and its 200 day moving average price is $41.07. The company has a quick ratio of 0.88, a current ratio of 0.93 and a debt-to-equity ratio of 51.17. The firm has a market capitalization of $31.67 billion, a PE ratio of 10.61, a PEG ratio of 7.90 and a beta of 0.84.

RWE Aktiengesellschaft (OTCMKTS:RWEOYGet Rating) last issued its quarterly earnings results on Thursday, November 10th. The utilities provider reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.31. RWE Aktiengesellschaft had a negative net margin of 0.06% and a positive return on equity of 26.83%. The business had revenue of $10.83 billion for the quarter. On average, equities research analysts forecast that RWE Aktiengesellschaft will post 4.36 earnings per share for the current fiscal year.

About RWE Aktiengesellschaft

(Get Rating)

RWE AG is a holding company, which engages in the generation, transmission, distribution, and trading of electricity and gas. It operates through the following segments: Offshore Wind; Onshore Wind and Solar; Hydro, Biomass, and Gas; Supply and Trading; and Coal and Nuclear. The Offshore Wind segment consists of the offshore wind business.

See Also

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.