E.On Se (OTCMKTS:EONGY) Given Average Rating of “Hold” by Brokerages

Shares of E.On Se (OTCMKTS:EONGY) have received a consensus recommendation of “Hold” from the ten brokerages that are presently covering the firm, MarketBeat.com reports. Eight analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.

EONGY has been the topic of several research reports. Citigroup reissued a “neutral” rating on shares of E.On in a research note on Friday, February 6th. Wall Street Zen lowered shares of E.On from a “hold” rating to a “sell” rating in a report on Wednesday, January 14th. Berenberg Bank downgraded E.On from a “buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Bank of America lowered E.On from a “buy” rating to a “neutral” rating in a research report on Thursday, February 5th. Finally, Zacks Research cut E.On from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 5th.

E.On Stock Performance

Shares of E.On stock opened at $22.02 on Monday. E.On has a 12 month low of $12.23 and a 12 month high of $22.18. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.85 and a quick ratio of 0.79. The business has a fifty day simple moving average of $20.12 and a two-hundred day simple moving average of $18.97.

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.