E.On Se (OTCMKTS:EONGY) Receives Consensus Rating of “Hold” from Analysts

E.On Se (OTCMKTS:EONGY) has been given an average rating of “Hold” by the ten research firms that are presently covering the company, Marketbeat.com reports. Eight analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

Several equities analysts recently commented on EONGY shares. Berenberg Bank downgraded shares of E.On from a “buy” rating to a “hold” rating in a report on Tuesday, February 10th. Zacks Research downgraded shares of E.On from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 5th. Citigroup restated a “neutral” rating on shares of E.On in a research report on Friday, February 6th. Wall Street Zen downgraded E.On from a “hold” rating to a “sell” rating in a report on Wednesday, January 14th. Finally, Bank of America lowered E.On from a “buy” rating to a “neutral” rating in a research note on Thursday, February 5th.

E.On Trading Up 1.3%

EONGY stock opened at $22.08 on Monday. E.On has a twelve month low of $12.02 and a twelve month high of $22.10. The company has a current ratio of 0.85, a quick ratio of 0.79 and a debt-to-equity ratio of 1.44. The firm’s fifty day simple moving average is $19.70 and its two-hundred day simple moving average is $18.86.

About E.On

E.ON SE is a Germany-based energy company headquartered in Essen that focuses on energy networks and customer solutions. The company owns and operates electricity and gas distribution networks, supplies energy to residential and commercial customers, and develops services and technologies aimed at energy efficiency, decentralised generation and electrification. E.ON’s business model emphasizes regulated network operations and customer-facing services rather than large-scale conventional power generation.

Key offerings include grid operation and maintenance, retail supply of electricity and gas, energy contracting and efficiency solutions for business customers, and a range of digital services such as smart metering, energy management and e-mobility charging infrastructure.