E.On Se (OTCMKTS:EONGY) Stock Now Rated "Moderate Buy" by Wall Street Analysts

Key Points

• E.On shares have a consensus “Moderate Buy” rating from nine analysts: five hold ratings, three buys and one strong buy. Jefferies, Berenberg and UBS recently upgraded the stock.
• EONGY opened at $19.59, with a $51.23 billion market capitalization and a 12-month trading range of $17.38 to $23.58.
• E.On’s latest quarterly results fell short of expectations, with EPS of $0.25 versus the $0.35 estimate and revenue of $18.89 billion versus the $40.44 billion consensus forecast.

Shares of E.On Se (OTCMKTS:EONGY - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the nine brokerages that are currently covering the stock, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company.

EONGY has been the topic of a number of recent analyst reports. Jefferies Financial Group raised shares of E.On from a "hold" rating to a "buy" rating in a research note on Sunday, August 2nd. Berenberg Bank raised shares of E.On from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, August 25th. UBS Group upgraded E.On from a "hold" rating to a "buy" rating in a report on Monday, September 7th. Morgan Stanley reaffirmed an "overweight" rating on shares of E.On in a research report on Friday, July 3rd. Finally, Royal Bank Of Canada reiterated a "sector perform" rating on shares of E.On in a report on Thursday, July 9th.

E.On Trading Down 0.0%

OTCMKTS EONGY opened at $19.59 on Tuesday. The company has a market cap of $51.23 billion, a P/E ratio of 13.06, a P/E/G ratio of 4.53 and a beta of 0.69. E.On has a 12 month low of $17.38 and a 12 month high of $23.58. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.96 and a quick ratio of 0.90. The company has a 50-day moving average of $20.75 and a 200-day moving average of $21.36.

E.On (OTCMKTS:EONGY - Get Free Report) last released its earnings results on Wednesday, August 12th. The utilities provider reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.10). E.On had a return on equity of 11.35% and a net margin of 4.49%.The company had revenue of $18.89 billion during the quarter, compared to analyst estimates of $40.44 billion. As a group, equities analysts predict that E.On will post 1.23 earnings per share for the current year.

E.On Company Profile

E.ON SE is a German energy company headquartered in Essen, Germany. The company focuses primarily on energy networks and customer solutions, rather than conventional power generation. Its activities include operating electricity and gas distribution networks, supplying energy to residential and commercial customers, and providing related services such as heating, energy efficiency solutions and electric-vehicle charging.

E.ON serves customers across several European markets, including Germany, the United Kingdom, Sweden, Italy, the Netherlands and countries in Central and Eastern Europe.

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