E.On Se (OTCMKTS:EONGY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

E.On Se (OTCMKTS:EONGY) has been given an average rating of “Moderate Buy” by the nine ratings firms that are covering the firm, MarketBeat.com reports. Five investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company.

Several research firms have recently weighed in on EONGY. Jefferies Financial Group upgraded E.On from a “hold” rating to a “buy” rating in a report on Sunday, August 2nd. UBS Group upgraded shares of E.On from a “hold” rating to a “buy” rating in a report on Monday. Morgan Stanley reaffirmed an “overweight” rating on shares of E.On in a research note on Friday, July 3rd. Royal Bank Of Canada restated a “sector perform” rating on shares of E.On in a report on Thursday, July 9th. Finally, Berenberg Bank raised E.On from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 25th.

E.On Stock Performance

Shares of E.On stock opened at $20.30 on Friday. The stock’s fifty day simple moving average is $21.19 and its 200 day simple moving average is $21.57. The company has a current ratio of 0.95, a quick ratio of 0.91 and a debt-to-equity ratio of 1.27. The company has a market capitalization of $53.07 billion, a PE ratio of 13.53, a PEG ratio of 4.72 and a beta of 0.69. E.On has a 12 month low of $17.38 and a 12 month high of $23.58.

E.On (OTCMKTS:EONGY) last posted its earnings results on Wednesday, August 12th. The utilities provider reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.10). E.On had a net margin of 4.49% and a return on equity of 11.54%. The business had revenue of $18.89 billion during the quarter, compared to analyst estimates of $40.44 billion. On average, research analysts predict that E.On will post 1.23 EPS for the current year.

E.On Company Profile

E.ON SE is a Germany-based energy company focused primarily on energy networks and customer solutions. Its network business operates electricity and gas distribution infrastructure, while its customer-solutions activities provide electricity, natural gas and renewable energy products, along with energy-management services for residential, commercial and industrial customers.

The company also offers decentralized energy solutions, including solar power, battery storage, electric-vehicle charging and energy-efficiency services.