E.On Se (NASDAQ:EONGY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Friday. The firm presently has a $13.00 price objective on the utilities provider’s stock. Zacks Investment Research‘s price objective would indicate a potential upside of 12.46% from the stock’s current price.

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 equities analysts have also commented on EONGY. Royal Bank Of Canada raised shares of E.On Se from a “sector perform” rating to an “outperform” rating in a research report on Wednesday, August 23rd. Berenberg Bank raised shares of E.On Se from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company’s stock. E.On Se presently has an average rating of “Hold” and a consensus target price of $13.00.

Shares of E.On Se (EONGY) remained flat at $11.56 on Friday. 72,499 shares of the stock were exchanged. E.On Se has a 12-month low of $6.38 and a 12-month high of $11.60. The company’s 50 day moving average is $10.78 and its 200 day moving average is $9.04. The stock’s market capitalization is $25.05 billion.

E.On Se (NASDAQ:EONGY) last issued its earnings results on Wednesday, August 9th. The utilities provider reported $0.18 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.06) by $0.24. The business had revenue of $10.01 billion for the quarter. E.On Se had a net margin of 36.24% and a return on equity of 538.90%.

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E.On Se Company Profile

E.ON SE is an energy company. The Company’s segments include Energy Networks, Customer Solutions, and Renewables. Its non-strategic operations are reported under Non-Core Business. The Company’s business areas include energy networks, customer solutions, renewables, energy efficiency and distributed energy, technical services and nuclear.

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