E.ON SE (EONGY) Rating Lowered to Equal Weight at Barclays PLC
E.ON SE (OTCMKTS:EONGY) was downgraded by stock analysts at Barclays PLC from an “overweight” rating to an “equal weight” rating in a report released on Tuesday.
Several other research firms have also commented on EONGY. Zacks Investment Research lowered shares of E.ON SE from a “buy” rating to a “hold” rating in a research report on Tuesday, August 9th. JPMorgan Chase & Co. restated an “overweight” rating on shares of E.ON SE in a research report on Tuesday, June 21st. Finally, Goldman Sachs Group Inc. lowered shares of E.ON SE from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 7th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company. E.ON SE has a consensus rating of “Hold” and an average price target of $11.00.
Shares of E.ON SE (OTCMKTS:EONGY) opened at 7.14 on Tuesday. The stock has a 50 day moving average of $8.90 and a 200 day moving average of $9.65. The firm’s market cap is $13.94 billion. E.ON SE has a 1-year low of $6.93 and a 1-year high of $11.00.
About E.ON SE
E.ON SE is a provider of energy solutions. The Company’s segments include global units and regional units. The Company’s global units include Generation, which consists of the Company’s conventional (fossil and nuclear) generation assets in Europe; Renewables, which includes its carbon-sourcing and renewables businesses; Global Commodities, which buys and sells electricity, natural gas, liquefied natural gas (LNG), oil, coal, freight, biomass and carbon allowances, and Exploration & Production, which includes the Company’s exploration and production business in the focus regions, North Sea (the United Kingdom and Norway) and Russia.
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