E.On Se (EONGY) Downgraded by Zacks Investment Research to Sell
E.On Se (NASDAQ:EONGY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Tuesday.
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. “
Separately, Royal Bank Of Canada raised shares of E.On Se from a “sector perform” rating to an “outperform” rating in a research note on Wednesday, August 23rd. Two analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $13.00.
Shares of E.On Se (EONGY) traded up 0.09% during trading on Tuesday, hitting $11.40. The stock had a trading volume of 43,048 shares. E.On Se has a one year low of $6.38 and a one year high of $11.64.
E.On Se (NASDAQ:EONGY) last announced its quarterly earnings data on Wednesday, August 9th. The utilities provider reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.24. E.On Se had a net margin of 36.24% and a return on equity of 538.90%. The firm had revenue of $10.01 billion for the quarter.
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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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