E.On Se (OTCMKTS:EONGY) Receives $10.50 Consensus Target Price from Brokerages

Shares of E.On Se (OTCMKTS:EONGY) have earned a consensus rating of “Hold” from the six brokerages that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $10.50.

A number of brokerages have issued reports on EONGY. HSBC upgraded E.On from a “hold” rating to a “buy” rating in a report on Thursday, August 17th. Citigroup upgraded E.On from a “neutral” rating to a “buy” rating in a report on Thursday, June 29th. Finally, Societe Generale cut E.On from a “buy” rating to a “hold” rating in a report on Thursday, May 18th.

E.On Price Performance

E.On stock opened at $12.38 on Monday. The business’s 50-day simple moving average is $12.41 and its 200 day simple moving average is $12.34. The stock has a market cap of $32.70 billion, a price-to-earnings ratio of 45.85, a P/E/G ratio of 0.75 and a beta of 0.76. E.On has a 12-month low of $7.11 and a 12-month high of $13.46. The company has a quick ratio of 0.94, a current ratio of 0.98 and a debt-to-equity ratio of 1.36.

E.On (OTCMKTS:EONGY) last posted its quarterly earnings results on Wednesday, August 9th. The utilities provider reported $0.52 earnings per share (EPS) for the quarter. E.On had a return on equity of 15.90% and a net margin of 0.56%. The business had revenue of $20.48 billion for the quarter. As a group, research analysts anticipate that E.On will post 1.26 earnings per share for the current year.

E.On Company Profile

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.