E.On (EONGY) Lowered to “Hold” at ValuEngine

E.On (OTCMKTS:EONGY) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a report released on Friday.

Separately, Zacks Investment Research raised E.On from a “sell” rating to a “buy” rating and set a $13.00 price target for the company in a report on Wednesday, November 29th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $12.00.

Shares of E.On (EONGY) traded up $0.18 during trading on Friday, reaching $11.17. The company’s stock had a trading volume of 123,700 shares, compared to its average volume of 94,056. E.On has a fifty-two week low of $6.99 and a fifty-two week high of $12.49. The company has a debt-to-equity ratio of 1.60, a current ratio of 1.05 and a quick ratio of 1.00.

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About E.On

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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