E.On Se (NASDAQ:EONGY) Receives $11.00 Average PT from Analysts
E.On Se (NASDAQ:EONGY) has received an average recommendation of “Hold” from the ten brokerages that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $11.00.
Several equities research analysts have recently issued reports on EONGY shares. Zacks Investment Research cut E.On Se from a “hold” rating to a “sell” rating in a report on Monday, March 20th. Societe Generale reaffirmed a “hold” rating on shares of E.On Se in a report on Monday, March 27th. Jefferies Group LLC cut E.On Se from a “buy” rating to a “hold” rating in a report on Monday, April 24th. Finally, Berenberg Bank raised E.On Se from a “hold” rating to a “buy” rating in a report on Friday, June 2nd.
Shares of E.On Se (NASDAQ EONGY) traded up 0.61% during trading on Tuesday, hitting $9.84. The stock had a trading volume of 64,090 shares. E.On Se has a 12 month low of $6.38 and a 12 month high of $10.78.
E.On Se (NASDAQ:EONGY) last issued its earnings results on Tuesday, May 9th. The utilities provider reported $0.28 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.64) by $0.92. E.On Se had a return on equity of 19,376.16% and a net margin of 7.01%. The firm had revenue of $11.17 billion for the quarter.
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About E.On Se
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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