E.On Se (NASDAQ:EONGY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday. The firm currently has a $12.00 target price on the utilities provider’s stock. Zacks Investment Research‘s target price suggests a potential upside of 9.39% from the stock’s previous close.

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. “

EONGY has been the subject of several other reports. Jefferies Group LLC downgraded shares of E.On Se from a “buy” rating to a “hold” rating in a report on Monday, April 24th. Berenberg Bank raised shares of E.On Se from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. One analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. E.On Se currently has an average rating of “Hold” and an average price target of $12.00.

Shares of E.On Se (NASDAQ:EONGY) traded up 2.24% during midday trading on Friday, hitting $10.97. The company had a trading volume of 81,368 shares. The company’s market capitalization is $23.61 billion. E.On Se has a 12-month low of $6.38 and a 12-month high of $11.00. The company’s 50-day moving average price is $9.87 and its 200 day moving average price is $8.53.

E.On Se (NASDAQ:EONGY) last released its quarterly earnings data on Wednesday, August 9th. The utilities provider reported $0.18 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.06) by $0.24. The company had revenue of $10.01 billion during the quarter. E.On Se had a net margin of 7.01% and a return on equity of 19,376.16%.

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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.

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