E.On Se (EONGY) Rating Lowered to Sell at Zacks Investment Research

E.On Se (NASDAQ:EONGY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Tuesday.

According to Zacks, “E.ON AG is the world’s largest investor-owned energy service provider with operations in the following businesses: energy, chemicals, real estate, oil, telecommunications, distribution/logistics, aluminum and silicon wafers. “

Separately, Royal Bank Of Canada raised E.On Se from a “sector perform” rating to an “outperform” rating in a report on Wednesday, August 23rd. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $13.00.

E.On Se (NASDAQ:EONGY) opened at 11.71 on Tuesday. The company has a 50-day moving average of $11.26 and a 200-day moving average of $9.64. The company’s market cap is $25.38 billion. E.On Se has a 12 month low of $6.38 and a 12 month high of $11.72.

E.On Se (NASDAQ:EONGY) last released its quarterly earnings results on Wednesday, August 9th. The utilities provider reported $0.18 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.06) by $0.24. E.On Se had a return on equity of 538.90% and a net margin of 36.24%. The business had revenue of $10.01 billion during the quarter.

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E.On Se Company Profile

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.

Analyst Recommendations for E.On Se (NASDAQ:EONGY)

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