Finally Time For Investors To Sell? Kepler Cheuvreux Downgrades RWE (ETR:RWE), With EUR 10.00 Target


RWE (ETR:RWE) Receives a Downgrade

This morning RWE (ETR:RWE) has been downgraded by Kepler Cheuvreux to a “Reduce” rating in analysts note finalized on Saturday, 28 November. The firm after the upgrade has a EUR 10.00 PT shares.

From a total of 16 analysts covering RWE (ETR:RWE) stock, 4 rate it a ”Buy”, 4 a “Sell”, and 8 a ”Hold”. This means that 25% of the ratings are positive. The highest target price is €28 while the lowest target price is €9. The mean of all analyst targets is €15.89 with a 46.18% above today’s (€10.87) stock price. RWE was the topic of 45 analyst reports since July 3, 2015 according to the firm StockzIntelligence Inc. Kepler Cheuvreux downgraded shares on November 28 to “Reduce” rating. Societe Generale upgraded shares to “Buy” rating and €14 target share price in a report from a November 7. Landesbank upgraded RWE stock in a recent report from November 18 to “Buy” rating. Credit Suisse maintained the rating on October 22. Credit Suisse has a “Neutral” rating and a €19.80 price target on shares. Finally, DZ-Bank AG downgraded the stock to “Sell” rating in a report issued on a November 13.

The stock decreased 3.42% or EUR 0.39 on November 27, striking EUR 10.87. Approximately 3.86 million shares of stock traded hands. RWE AG (ETR:RWE) has risen 6.00% since October 29, 2015 and is uptrending. It has outperformed by 6.89% the S&P500.

 Finally Time For Investors To Sell? Kepler Cheuvreux Downgrades RWE (ETR:RWE), With EUR 10.00 Target

RWE AG is an electricity and gas company. The company has a market cap of 6.59 billion EUR. The Firm engages in lignite production; electricity generation from gas, coal, nuclear and renewables, and in energy trading, as well as electricity and gas distribution and supply. It has 6.74 P/E ratio. The Company’s markets include Germany, the Benelux region, the United Kingdom, and Central Eastern and South Eastern Europe.