E.ON SE Sponsored ADR (Germany) (OTCMKTS:EONGY) Raised to Hold at Zacks Investment Research

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E.ON SE Sponsored ADR (Germany) (OTCMKTS:EONGY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Monday, Zacks.com reports.

According to Zacks, “E.ON AG is the world’s largest investor-owned energy service provider with operations in the following businesses: energy, chemicals, real estate, oil, telecommunications, distribution/logistics, aluminum and silicon wafers. “

A number of other analysts also recently issued reports on EONGY. Deutsche Bank started coverage on shares of E.ON SE Sponsored ADR (Germany) in a report on Tuesday, October 8th. They set a “hold” rating for the company. Barclays raised shares of E.ON SE Sponsored ADR (Germany) from an “equal weight” rating to an “overweight” rating and set a $9.50 target price for the company in a report on Tuesday, August 27th. Goldman Sachs Group raised shares of E.ON SE Sponsored ADR (Germany) from a “sell” rating to a “neutral” rating in a report on Monday. Oddo Securities raised shares of E.ON SE Sponsored ADR (Germany) to a “buy” rating in a report on Wednesday, September 18th. Finally, Kepler Capital Markets lowered shares of E.ON SE Sponsored ADR (Germany) from a “hold” rating to a “reduce” rating in a report on Tuesday, September 3rd. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $10.75.

Shares of EONGY traded up $0.35 during trading hours on Monday, reaching $10.44. 29,906 shares of the stock traded hands, compared to its average volume of 132,209. The company has a current ratio of 1.35, a quick ratio of 1.31 and a debt-to-equity ratio of 1.11. The stock has a fifty day simple moving average of $9.93 and a 200 day simple moving average of $10.09. E.ON SE Sponsored ADR has a 52 week low of $8.89 and a 52 week high of $11.35. The company has a market cap of $22.62 billion, a price-to-earnings ratio of 12.89, a PEG ratio of 5.51 and a beta of 0.93.

About E.ON SE Sponsored ADR (Germany)

E.ON SE operates as an energy company in Germany, the United Kingdom, Romania, Hungary, the Czech Republic, Sweden, the United States, Poland, Italy, Denmark, and internationally. It operates through three segments: Energy Networks, Customer Solutions, and Renewables. The company provides power and gas distribution networks and related services; and distributes energy solutions to residential customers, small and medium sized enterprises, large commercial and industrial customers, and public entities.

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Analyst Recommendations for E.ON SE Sponsored ADR (Germany) (OTCMKTS:EONGY)

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