HSBC Securities downgraded RWE AG (ADR) (OTC:RWEOY) from Hold to Reduce in a report released today.
- Updated: November 28, 2016
Boasting a price of $12.27, RWE AG (ADR) (OTC:RWEOY) traded -1.21% lower on the day. With the last stock price close down -20.53% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. RWE AG (ADR) has recorded a 50-day average of $14.51 and a two hundred day average of $15.44. Volume of trade was up over the average, with 47,142 shares of RWEOY changing hands over the typical 30,166
HSBC Securities has downgraded RWE AG (ADR) (OTC:RWEOY) from Hold to Reduce in a report released on 11/28/2016.
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RWE AG (ADR) has a 52 week low of $11.12 and a 52 week high of $17.78 The company’s market cap is currently $0.
In addition to HSBC Securities reporting its target price, a total of 1 firm has reported on the stock. The consensus target price is $16.52 with 1 firm rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About RWE AG (ADR) (OTC:RWEOY)
RWE AG is a holding company. The Company is a supplier of electricity and natural gas in Europe. The Company is engaged in lignite production; electricity generation from gas, coal, nuclear and renewables, and energy trading and electricity and gas distribution and supply, as well as in developing and providing energy management solutions. Its segments include Conventional Power Generation, Supply/Distribution Networks Germany, Supply Netherlands/Belgium, Supply United Kingdom, Central Eastern and South Eastern Europe, Renewables, Trading/Gas Midstream and Other, consolidation. Its markets are Germany, the Benelux countries, the United Kingdom, as well as Central Eastern and South Eastern Europe. In electricity generation from renewables, it has presence in outside of these regions, including Spain and Italy. It owns a wind farm located over 30 kilometers north of Heligoland, which consists of approximately 50 turbines with a total net installed capacity of over 290 megawatts.
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