Barclays Upgrades RWE Aktiengesellschaft (OTCMKTS:RWEOY) to “Strong-Buy”

RWE Aktiengesellschaft (OTCMKTS:RWEOY) was upgraded by investment analysts at Barclays to a “strong-buy” rating in a research note issued to investors on Monday, Zacks.com reports.

RWE Aktiengesellschaft Stock Down 1.9 %

Shares of RWEOY opened at $35.72 on Monday. RWE Aktiengesellschaft has a 12-month low of $32.68 and a 12-month high of $46.13. The company has a current ratio of 1.74, a quick ratio of 1.63 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $24.15 billion, a PE ratio of 13.58 and a beta of 0.89. The business’s 50 day moving average is $35.70 and its 200 day moving average is $35.63.

RWE Aktiengesellschaft (OTCMKTS:RWEOY) last issued its quarterly earnings data on Wednesday, August 14th. The utilities provider reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.32) by $1.13. RWE Aktiengesellschaft had a return on equity of 9.53% and a net margin of 14.01%. The firm had revenue of $4.95 billion during the quarter. Research analysts expect that RWE Aktiengesellschaft will post 2.98 earnings per share for the current fiscal year.

About RWE Aktiengesellschaft

RWE Aktiengesellschaft generates and supplies electricity from renewable and conventional sources in Germany, the United Kingdom, rest of Europe, North America, and internationally. It operates through five segments: Offshore Wind; Onshore Wind/Solar; Hydro/Biomass/Gas; Supply & Trading; and Coal/Nuclear.