E.ON SE Sponsored ADR (Germany) (OTCMKTS:EONGY) Upgraded at Royal Bank of Canada

Royal Bank of Canada upgraded shares of E.ON SE Sponsored ADR (Germany) (OTCMKTS:EONGY) from a sector perform rating to an outperform rating in a research note issued to investors on Tuesday morning, Briefing.com Automated Import reports.

A number of other equities research analysts have also weighed in on the stock. Kepler Capital Markets lowered shares of E.ON SE Sponsored ADR (Germany) from a hold rating to a reduce rating in a research note on Tuesday, September 3rd. Jefferies Financial Group upgraded shares of E.ON SE Sponsored ADR (Germany) from an underperform rating to a hold rating in a research note on Monday, August 19th. Oddo Securities raised shares of E.ON SE Sponsored ADR (Germany) to a buy rating in a research report on Wednesday, September 18th. Barclays raised shares of E.ON SE Sponsored ADR (Germany) from an equal weight rating to an overweight rating and set a $9.50 price objective for the company in a research report on Tuesday, August 27th. Finally, JPMorgan Chase & Co. downgraded shares of E.ON SE Sponsored ADR (Germany) from a neutral rating to an underweight rating in a research report on Wednesday, July 31st. Three analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of Hold and a consensus target price of $10.75.

Shares of EONGY opened at $9.69 on Tuesday. The firm has a market cap of $20.89 billion, a PE ratio of 11.96, a P/E/G ratio of 3.31 and a beta of 0.91. The company has a current ratio of 1.35, a quick ratio of 1.31 and a debt-to-equity ratio of 1.11. The firm has a fifty day simple moving average of $9.53 and a two-hundred day simple moving average of $10.34. E.ON SE Sponsored ADR has a 1-year low of $8.89 and a 1-year high of $11.35.

E.ON SE Sponsored ADR (Germany) (OTCMKTS:EONGY) last announced its earnings results on Wednesday, August 7th. The utilities provider reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.04). The company had revenue of $7.60 billion for the quarter. E.ON SE Sponsored ADR (Germany) had a net margin of 3.07% and a return on equity of 13.05%. As a group, research analysts forecast that E.ON SE Sponsored ADR will post 0.79 EPS for the current fiscal year.

E.ON SE Sponsored ADR (Germany) Company Profile

E.ON SE operates as an energy company in Germany, the United Kingdom, Romania, Hungary, the Czech Republic, Sweden, the United States, Poland, Italy, Denmark, and internationally. It operates through three segments: Energy Networks, Customer Solutions, and Renewables. The company provides power and gas distribution networks and related services; and distributes energy solutions to residential customers, small and medium sized enterprises, large commercial and industrial customers, and public entities.

Further Reading: What is a blue-chip stock?

Analyst Recommendations for E.ON SE Sponsored ADR (Germany) (OTCMKTS:EONGY)

Receive News & Ratings for E.ON SE Sponsored ADR (Germany) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for E.ON SE Sponsored ADR (Germany) and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit