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

Shares of E.On Se (OTCMKTS:EONGY) have received an average rating of “Hold” from the ten brokerages that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and two have given a buy recommendation to the company.

Several brokerages recently weighed in on EONGY. Citigroup reaffirmed a “neutral” rating on shares of E.On in a research note on Friday, February 6th. Bank of America cut shares of E.On from a “buy” rating to a “neutral” rating in a research report on Thursday, February 5th. DZ Bank downgraded shares of E.On from a “hold” rating to a “strong sell” rating in a report on Thursday, February 26th. Wall Street Zen lowered shares of E.On from a “hold” rating to a “sell” rating in a research report on Wednesday, January 14th. Finally, Zacks Research cut shares of E.On from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 5th.

E.On Trading Up 2.0%

Shares of OTCMKTS:EONGY opened at $22.80 on Friday. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.85 and a quick ratio of 0.79. E.On has a 12 month low of $14.03 and a 12 month high of $23.48. The stock’s 50 day moving average price is $21.23 and its 200 day moving average price is $19.39.

E.On (OTCMKTS:EONGY) last issued its quarterly earnings results on Wednesday, February 25th. The utilities provider reported $0.33 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.33. E.On had a return on equity of 12.27% and a net margin of 2.20%.The firm had revenue of $24.95 billion during the quarter. As a group, equities research analysts anticipate that E.On will post 1.16 EPS for the current fiscal year.

E.On Company Profile

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.