E.On Se (OTCMKTS:EONGY) Given Consensus Rating of "Hold" by Brokerages

Shares of E.On Se (OTCMKTS:EONGY - Get Free Report) have been assigned a consensus recommendation of "Hold" from the nine research firms that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company.

EONGY has been the subject of a number of research reports. Zacks Research downgraded shares of E.On from a "strong-buy" rating to a "hold" rating in a research report on Thursday, February 5th. Berenberg Bank downgraded E.On from a "buy" rating to a "hold" rating in a research report on Tuesday, February 10th. Citigroup reissued a "neutral" rating on shares of E.On in a report on Friday, February 6th. DZ Bank downgraded E.On from a "hold" rating to a "strong sell" rating in a research note on Thursday, February 26th. Finally, Wall Street Zen lowered E.On from a "hold" rating to a "sell" rating in a report on Wednesday, January 14th.

E.On Price Performance

Shares of OTCMKTS EONGY opened at $22.25 on Friday. E.On has a 52 week low of $16.31 and a 52 week high of $23.58. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 1.32. The firm has a market cap of $58.17 billion, a P/E ratio of 30.07, a P/E/G ratio of 4.25 and a beta of 0.74. The business's 50 day moving average price is $22.40 and its 200 day moving average price is $20.32.

E.On (OTCMKTS:EONGY - Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The utilities provider reported $0.33 EPS for the quarter, meeting the consensus estimate of $0.33. The business had revenue of $24.95 billion during the quarter. E.On had a net margin of 2.20% and a return on equity of 12.06%. On average, sell-side analysts expect that E.On will post 1.25 earnings per share for the current year.

About E.On

E.ON SE is a Germany-based energy company headquartered in Essen that focuses on energy networks and customer solutions. The company owns and operates electricity and gas distribution networks, supplies energy to residential and commercial customers, and develops services and technologies aimed at energy efficiency, decentralised generation and electrification. E.ON's business model emphasizes regulated network operations and customer-facing services rather than large-scale conventional power generation.

Key offerings include grid operation and maintenance, retail supply of electricity and gas, energy contracting and efficiency solutions for business customers, and a range of digital services such as smart metering, energy management and e-mobility charging infrastructure.

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