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E.On Ag (NASDAQ:EONGY) was upgraded by RBC Capital from an “underperform” rating to an “outperform” rating in a research note issued on Wednesday, reports. The firm currently has a $15.00 target price on the stock, up from their previous target price of $11.00. RBC Capital’s target price suggests a potential downside of 18.03% from the stock’s previous close.

E.On Ag (NASDAQ:EONGY) traded up 3.11% on Wednesday, hitting $18.87. 31,159 shares of the company’s stock traded hands. E.On Ag has a 52 week low of $15.28 and a 52 week high of $19.85. The stock’s 50-day moving average is $18.68 and its 200-day moving average is $18.60. The company has a market cap of $36.000 billion and a P/E ratio of 34.46.

E.ON AG is a Germany-based provider of energy solutions. The Company manages the E.ON Group, which consists of five global units and 12 regional units.

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