E.On Se (OTCMKTS:EONGY) Stock Rated “Moderate Buy” by Sell-Side Brokerages

Shares of E.On Se (OTCMKTS:EONGY) have been assigned an average rating of “Moderate Buy” from the nine analysts that are currently covering the stock, Marketbeat.com reports. Five analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating on the company.

Several equities analysts have issued reports on the stock. Jefferies Financial Group upgraded shares of E.On from a “hold” rating to a “buy” rating in a research report on Sunday, August 2nd. Berenberg Bank raised shares of E.On from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 25th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of E.On in a research report on Thursday, July 9th. UBS Group upgraded E.On from a “hold” rating to a “buy” rating in a research report on Monday, September 7th. Finally, Morgan Stanley restated an “overweight” rating on shares of E.On in a research report on Friday, July 3rd.

E.On Price Performance

E.On stock opened at $19.06 on Tuesday. The stock has a 50-day moving average price of $20.46 and a two-hundred day moving average price of $21.23. E.On has a 12 month low of $17.38 and a 12 month high of $23.58. The company has a market capitalization of $49.83 billion, a PE ratio of 12.71, a P/E/G ratio of 4.45 and a beta of 0.68. The company has a current ratio of 0.96, a quick ratio of 0.90 and a debt-to-equity ratio of 1.38.

E.On (OTCMKTS:EONGY) last released its quarterly earnings data on Wednesday, August 12th. The utilities provider reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.10). E.On had a net margin of 4.49% and a return on equity of 11.35%. The firm had revenue of $18.89 billion during the quarter, compared to analyst estimates of $40.44 billion. Analysts expect that E.On will post 1.23 EPS for the current year.

About E.On

E.ON SE is a German energy company headquartered in Essen, Germany. The company focuses primarily on energy networks and customer solutions, rather than conventional power generation. Its activities include operating electricity and gas distribution networks, supplying energy to residential and commercial customers, and providing related services such as heating, energy efficiency solutions and electric-vehicle charging.

E.ON serves customers across several European markets, including Germany, the United Kingdom, Sweden, Italy, the Netherlands and countries in Central and Eastern Europe.