HSBC upgraded RWE AG (ADR) (NASDAQ:RWEOY) to Hold in a report released today.
- Updated: October 10, 2016
HSBC has upgraded RWE AG (ADR) (NASDAQ:RWEOY) to Hold in a report released on 10/10/2016.
Just yesterday RWE AG (ADR) (NASDAQ:RWEOY) traded -0.13% lower at $14.95. RWE AG (ADR)’s 50-day moving average is $16.53 and its 200-day moving average is $15.17. The last closing price is down -1.63% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 5,506 shares of RWEOY traded hands, down from an average trading volume of 15,389
Recent Performance Chart
RWE AG (ADR) has 52 week low of $11.12 and a 52 week high of $17.78 and has a market capitalization of $0.
In addition to HSBC reporting its stock price target, a total of 1 broker has issued a research note on the company. The average stock price target is $16.52 with 1 broker rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On RWE AG (ADR) (NASDAQ: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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