Rating Report: Is It Finally Time To Sell? HSBC Securities Downgrades RWE AG (OTCMKTS:RWEOY)

November 28, 2016 - By Richard Conner

Rating Report: Is It Finally Time To Sell? HSBC Securities Downgrades RWE AG (OTCMKTS:RWEOY)

RWE AG (OTCMKTS:RWEOY) Downgrade

HSBC Securities lowered RWE AG (OTCMKTS:RWEOY)‘s stock to a “Reduce” rating from a “Hold”. This rating change was revealed to clients in a analysts report today.

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 1.63% above today’s ($12.3) stock price. RWE AG has been the topic of 15 analyst reports since August 18, 2015 according to StockzIntelligence Inc. The stock has “Underperform” rating given by RBC Capital Markets on Tuesday, August 18. The stock of RWE AG (ADR) (OTCMKTS:RWEOY) has “Buy” rating given on Monday, October 12 by Societe Generale. As per Wednesday, November 16, the company rating was upgraded by Berenberg. The firm earned “Outperform” rating on Wednesday, December 2 by Macquarie Research. As per Thursday, December 3, the company rating was initiated by Jefferies. The company was downgraded on Tuesday, November 17 by Societe Generale. Bank of America upgraded the stock to “Neutral” rating in Monday, October 12 report. The firm earned “Underperform” rating on Thursday, December 17 by RBC Capital Markets. On Friday, October 2 the stock rating was upgraded by Societe Generale to “Hold”. The stock of RWE AG (ADR) (OTCMKTS:RWEOY) has “Outperform” rating given on Wednesday, November 16 by RBC Capital Markets.

About 12,951 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 $7.39 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 notable 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 with their article: “Looking for a Top Value Stock? 3 Reasons Why RWE AG (RWEOY) is an Excellent Choice” published on May 29, 2015, Seekingalpha.com published: “RWE (RWEOY) Q2 2016 Results – Earnings Call Transcript” on August 11, 2016. More interesting news about RWE AG (ADR) (OTCMKTS:RWEOY) were released by: Seekingalpha.com and their article: “When Markets Cannot Sum Up Or Subtract – This Time In Germany” published on October 27, 2016 as well as Zacks.com‘s news article titled: “5 European Stocks to Buy as ECB Unleashes More Stimulus” with publication date: June 09, 2016.

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