E.On Se (OTCMKTS:EONGY) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• E.On SE has received a consensus recommendation of “Moderate Buy” from eight research firms, with ratings including five holds, two buys, and one strong buy.
• Analysts have made recent rating adjustments, with Barclays downgrading from strong-buy to hold and Berenberg Bank raising its rating to strong-buy.
• The company has a market capitalization of $48.13 billion and its stock opened at $18.43, reflecting a small increase of 0.6%.

E.On Se (OTCMKTS:EONGY - Get Free Report) has been given an average recommendation of "Moderate Buy" by the eight ratings firms that are currently covering the stock, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company.

EONGY has been the topic of several recent research reports. Berenberg Bank raised shares of E.On to a "strong-buy" rating in a research report on Thursday, June 26th. Citigroup upgraded E.On to a "hold" rating in a report on Wednesday, May 28th. Finally, Barclays downgraded E.On from a "strong-buy" rating to a "hold" rating in a report on Wednesday, June 4th.

E.On Stock Up 0.1%

EONGY traded up $0.01 during midday trading on Friday, hitting $18.57. 81,655 shares of the company's stock traded hands, compared to its average volume of 285,289. The company has a market cap of $48.51 billion, a PE ratio of 14.51, a price-to-earnings-growth ratio of 5.56 and a beta of 0.80. The stock's fifty day simple moving average is $18.37 and its 200-day simple moving average is $17.41. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.84 and a quick ratio of 0.79. E.On has a one year low of $10.65 and a one year high of $19.43.

About E.On

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services.