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

Barclays upgraded shares of RWE Aktiengesellschaft (OTCMKTS:RWEOY) to a strong-buy rating in a report released on Monday, Zacks.com reports.

RWE Aktiengesellschaft Price Performance

Shares of RWE Aktiengesellschaft stock opened at $35.72 on Monday. The firm has a fifty day simple moving average of $35.70 and a 200-day simple moving average of $35.63. The company has a current ratio of 1.74, a quick ratio of 1.63 and a debt-to-equity ratio of 0.48. RWE Aktiengesellschaft has a 1-year low of $32.68 and a 1-year high of $46.13. The stock has a market capitalization of $24.15 billion, a price-to-earnings ratio of 13.58 and a beta of 0.89.

RWE Aktiengesellschaft (OTCMKTS:RWEOY) last released its earnings results on Wednesday, August 14th. The utilities provider reported $0.81 EPS for the quarter, beating the consensus estimate of ($0.32) by $1.13. The firm had revenue of $4.95 billion during the quarter. RWE Aktiengesellschaft had a net margin of 14.01% and a return on equity of 9.53%. On average, sell-side analysts expect that RWE Aktiengesellschaft will post 2.98 earnings per share for the current 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.