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RWE AG (OTCMKTS:RWEOY) has been upgraded from Neutral to Buy in a statement by Goldman Sachs earlier today.

Having a price of $22.01, RWE AG (OTCMKTS:RWEOY) traded 3.76% higher on the day. With the last stock price up 17.46% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. RWEOY has recorded a 50-day average of $24.08 and a two hundred day average of $20.69. Trade Volume was down over the average, with 0 shares of RWEOY changing hands under the typical 10,328

Goldman Sachs has upgraded RWE AG (OTCMKTS:RWEOY) from Neutral to Buy in a statement released on Thursday June 08, 2017.

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RWE AG (OTCMKTS:RWEOY)

RWE AG has a 52 week low of $11.55 and a 52 week high of $25.80 The company’s market cap is currently $0.

In addition to Goldman Sachs reporting its target price, a total of 1 broker has issued a report on the stock. The consensus target price 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.

General Information About RWE AG (OTCMKTS:RWEOY)

RWE AG (RWE) is a holding company. The Company is a supplier of electricity and natural gas in Europe. The Company is engaged in production of lignite and electricity generation from gas, coal, nuclear and renewables, to energy trading and distribution, and the supply of electricity, gas and other solutions. The Company's segments include Conventional Power Generation, Trading /Gas Midstream and innogy SE (innogy). The Company's Conventional Power Generation segment includes its conventional electricity generation activities in Germany, the United Kingdom, the Netherlands and Turkey. The Company's Trading /Gas Midstream segment covers the activities of RWE Supply & Trading GmbH, which is responsible for trading energy commodities, marketing and hedging the Company's electricity position. innogy is responsible for business activities in renewables, grids and retail. The Company has a power generation capacity of over 40,000 Megawatt at approximately 80 locations.

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