Trade Report: Today: RWE AG (RWEOY) Cut to Reduce at HSBC

Today: RWE AG (RWEOY) Cut to Reduce at HSBC

RWE AG (NASDAQ:RWEOY) was downgraded by research analysts at HSBC from a “hold” rating to a “reduce” rating in a research note issued to investors on Monday.

Other equities research analysts have also recently issued research reports about the stock. Berenberg Bank upgraded shares of RWE AG from a “hold” rating to a “buy” rating in a research report on Wednesday, November 16th. Royal Bank Of Canada upgraded shares of RWE AG from a “sector perform” rating to an “outperform” rating in a research report on Wednesday, November 16th. RBC Capital Markets upgraded shares of RWE AG from a “sector perform” rating to an “outperform” rating in a research report on Wednesday, November 16th. Finally, Zacks Investment Research cut shares of RWE AG from a “hold” rating to a “sell” rating in a research report on Tuesday, September 13th. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and ten have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $15.00.

RWE AG (NASDAQ:RWEOY) traded down 1.13% during mid-day trading on Monday, reaching $12.28. 30,573 shares of the company traded hands. The stock’s 50-day moving average price is $14.51 and its 200-day moving average price is $15.44. The firm’s market cap is $7.50 billion. RWE AG has a one year low of $11.12 and a one year high of $17.78.

RWE AG Company Profile

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