El mercado ha descontado el posible impago de sus dividendos (aprox. 3-4 euros).
La bajada se debe a esto:
RWE dividends very uncertain
Barclays Capital, 24.02.2011
London (aktiencheck.de AG) - Peter Bisztyga, financial analyst at Barclays Capital, reiterates his rating of "underweight" on the stock of RWE (ISIN DE0007037129/ WKN 703712).
The reported figures of the past fiscal year were in line with market expectations. But the targets for 2011 and 2013 caused severe disappointment. The development of future dividends appears to be highly uncertain.
The stock is considered very expensive as compared to the peer group. The analysts confirm their price target of EUR 43.00, which is based on a SOTP model.
For the time being the analysts of Barclays Capital stick to their "underweight" rating on RWE. (analysis of February 24, 2011) (24.02.2011/ac/a/d)