E.On (EONGY) Stock Rating Upgraded by Zacks Investment Research

Zacks Investment Research upgraded shares of E.On (OTCMKTS:EONGY) from a hold rating to a buy rating in a research report released on Thursday morning. The firm currently has $12.00 target price on the utilities provider’s stock.

According to Zacks, “E.ON AG is the world’s largest investor-owned energy service provider with operations in the following businesses: energy, chemicals, real estate, oil, telecommunications, distribution/logistics, aluminum and silicon wafers. “

Separately, ValuEngine cut E.On from a buy rating to a hold rating in a research report on Friday, January 5th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of Buy and an average price target of $12.00.

Shares of E.On (OTCMKTS:EONGY) traded up $0.13 during trading hours on Thursday, reaching $10.89. The company’s stock had a trading volume of 241,871 shares, compared to its average volume of 102,748. E.On has a 52-week low of $7.20 and a 52-week high of $12.49. The company has a debt-to-equity ratio of 1.60, a current ratio of 1.05 and a quick ratio of 1.00. The company has a market cap of $23,680.00, a P/E ratio of 7.36, a PEG ratio of 1.01 and a beta of 1.39.

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E.On Company Profile

E.ON SE is an energy company. The Company’s segments include Energy Networks, Customer Solutions, and Renewables. Its non-strategic operations are reported under Non-Core Business. The Company’s business areas include energy networks, customer solutions, renewables, energy efficiency and distributed energy, technical services and nuclear.

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