Follow The Ratings: RWE AG (OTCMKTS:RWEOY) Gets Lower Rating From HSBC. What Is The Stock Target?

November 28, 2016 - By Michael Collier

Follow The Ratings: RWE AG (OTCMKTS:RWEOY) Gets Lower Rating From HSBC. What Is The Stock Target?

RWE AG (OTCMKTS:RWEOY) Downgrade

RWE AG (OTCMKTS:RWEOY)‘s rating was lowered by research analysts at HSBC from a “Hold” rating to a “Reduce” rating in an analyst note sent to investors on 28 November.

RWE AG (ADR) (OTCMKTS:RWEOY) Ratings Coverage

Out of 8 analysts covering RWE AG (OTCMKTS:RWEOY), 4 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 50% are positive. $17.50 is the highest target while $12.50 is the lowest. The $12.50 average target is 1.96% above today’s ($12.26) stock price. RWE AG has been the topic of 15 analyst reports since August 18, 2015 according to StockzIntelligence Inc. JP Morgan upgraded the shares of RWEOY in a report on Tuesday, January 12 to “Overweight” rating. The firm has “Sector Perform” rating given on Thursday, October 1 by RBC Capital Markets. The rating was initiated by Jefferies on Thursday, December 3 with “Hold”. The rating was downgraded by Societe Generale on Tuesday, August 18 to “Sell”. On Monday, October 10 the stock rating was upgraded by HSBC to “Hold”. The firm has “Buy” rating by Berenberg given on Wednesday, November 16. RBC Capital Markets downgraded the stock to “Underperform” rating in Thursday, December 17 report. The rating was upgraded by RBC Capital Markets on Wednesday, November 16 to “Outperform”. The stock has “Neutral” rating given by Bank of America on Monday, October 12. RBC Capital Markets maintained the stock with “Underperform” rating in Tuesday, August 18 report.

About 25,282 shares traded hands. RWE AG (ADR) (OTCMKTS:RWEOY) has declined 11.41% since April 25, 2016 and is downtrending. It has underperformed by 17.43% the S&P500.

Analysts await RWE AG (ADR) (OTCMKTS:RWEOY) to report earnings on March, 14.

RWE AG is a holding company. The Company is a supplier of electricity and natural gas in Europe. The company has a market cap of $7.37 billion. The Firm 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. It currently has negative earnings. The Company’s divisions 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.

According to Zacks Investment Research, “RWE AG is among Europe’s five largest utilities. RWE is active in the generation and transmission as well as the sale and trading of electricity and gas. RWE is also active in the water business in Continental Europe. This integrated business model gives them a good position from which to take advantage of the rising demand for energy. RWE is the biggest power producer in Germany and No. 2 in the UK. RWE continues to expand its position in Central and South-Eastern Europe. Their comprehensive power plant portfolio and investment programme for the modernization and construction of new generation capacity are the basis for growing earnings in the future. RWE’s gas and oil production business is displaying above-average growth. In light of ever-higher global demand, RWE will steadily increase the share of gas it produces in-house.”

RWEOY Company Profile

RWE AG, incorporated on October 26, 2000, is a holding company. The Firm is a supplier of electricity and natural gas in Europe. The Firm 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. The Company’s divisions 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. The Company’s markets are Germany, the Benelux countries, the United Kingdom, as well as Central Eastern and South Eastern Europe. In electricity generation from renewables, the Company has presence in outside of these regions, including Spain and Italy. The Firm owns a wind farm located approximately 30 kilometers north of Heligoland, which consists of approximately 50 turbines with a total net installed capacity of over 290 megawatts.

More important recent RWE AG (ADR) (OTCMKTS:RWEOY) news were published by: Zacks.com which released: “3 Reasons Why RWE AG (RWEOY) is a Great Value Stock” on July 14, 2016, also Zacks.com published article titled: “Looking for a Top Value Stock? 3 Reasons Why RWE AG (RWEOY) is an Excellent Choice”, Seekingalpha.com published: “RWE (RWEOY) Q2 2016 Results – Earnings Call Transcript” on August 11, 2016. More interesting news about RWE AG (ADR) (OTCMKTS:RWEOY) was released by: Seekingalpha.com and their article: “When Markets Cannot Sum Up Or Subtract – This Time In Germany” with publication date: October 27, 2016.

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