Barclays Raises RWE Aktiengesellschaft (OTCMKTS:RWEOY) Price Target to €54.00

RWE Aktiengesellschaft (OTCMKTS:RWEOYGet Rating) had its price target hoisted by Barclays from €53.00 ($54.08) to €54.00 ($55.10) in a research report sent to investors on Tuesday, The Fly reports. The brokerage currently has an overweight rating on the utilities provider’s stock.

A number of other analysts also recently issued reports on RWEOY. Berenberg Bank raised their price target on RWE Aktiengesellschaft from €42.50 ($43.37) to €47.00 ($47.96) in a research report on Friday, July 15th. UBS Group increased their target price on RWE Aktiengesellschaft from €39.00 ($39.80) to €47.50 ($48.47) in a research note on Monday, May 23rd. Seven analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of Buy and a consensus target price of $49.01.

RWE Aktiengesellschaft Trading Up 0.4 %

Shares of RWEOY opened at $40.08 on Tuesday. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.99 and a quick ratio of 0.93. RWE Aktiengesellschaft has a 1 year low of $34.70 and a 1 year high of $46.51. The company has a 50 day simple moving average of $40.88 and a two-hundred day simple moving average of $41.47. The firm has a market cap of $27.10 billion, a P/E ratio of 17.28, a price-to-earnings-growth ratio of 2.62 and a beta of 0.85.

RWE Aktiengesellschaft (OTCMKTS:RWEOYGet Rating) last posted its earnings results on Thursday, August 11th. The utilities provider reported $1.31 EPS for the quarter. The firm had revenue of $8.84 billion during the quarter. RWE Aktiengesellschaft had a return on equity of 16.10% and a net margin of 4.34%. On average, equities analysts expect that RWE Aktiengesellschaft will post 3.44 earnings per share for the current fiscal year.

RWE Aktiengesellschaft Company Profile

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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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Analyst Recommendations for RWE Aktiengesellschaft (OTCMKTS:RWEOY)

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