E.On Se (OTCMKTS:EONGY) Receives Consensus Rating of “Hold” from Brokerages

Shares of E.On Se (OTCMKTS:EONGY) have earned a consensus rating of “Hold” from the ten research firms that are covering the firm, MarketBeat.com reports. Eight investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.

A number of research analysts recently weighed in on EONGY shares. Bank of America lowered shares of E.On from a “buy” rating to a “neutral” rating in a report on Thursday, February 5th. Berenberg Bank cut shares of E.On from a “buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Wall Street Zen downgraded shares of E.On from a “hold” rating to a “sell” rating in a report on Wednesday, January 14th. Zacks Research cut shares of E.On from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 5th. Finally, Citigroup reaffirmed a “neutral” rating on shares of E.On in a report on Friday, February 6th.

E.On Trading Up 1.3%

OTCMKTS EONGY opened at $22.08 on Monday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.79 and a current ratio of 0.85. E.On has a 1-year low of $12.02 and a 1-year high of $22.10. The business has a 50 day simple moving average of $19.70 and a two-hundred day simple moving average of $18.86.

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.