E.ON SE Sponsored ADR (Germany) (OTCMKTS:EONGY) Upgraded by Zacks Investment Research to “Hold”

Zacks Investment Research upgraded shares of E.ON SE Sponsored ADR (Germany) (OTCMKTS:EONGY) from a sell rating to a hold rating in a research note published on Monday, Zacks.com reports.

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. “

Other equities research analysts have also issued reports about the company. Goldman Sachs Group raised E.ON SE Sponsored ADR (Germany) from a sell rating to a neutral rating in a research report on Monday. Oddo Securities upgraded E.ON SE Sponsored ADR (Germany) to a buy rating in a research note on Wednesday, September 18th. Royal Bank of Canada raised shares of E.ON SE Sponsored ADR (Germany) from a sector perform rating to an outperform rating in a report on Tuesday, October 8th. Jefferies Financial Group upgraded shares of E.ON SE Sponsored ADR (Germany) from a hold rating to a buy rating in a research note on Thursday, October 31st. Finally, Deutsche Bank started coverage on shares of E.ON SE Sponsored ADR (Germany) in a research report on Tuesday, October 8th. They issued a hold rating on the stock. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company’s stock. E.ON SE Sponsored ADR (Germany) presently has a consensus rating of Hold and an average price target of $10.75.

OTCMKTS:EONGY opened at $10.44 on Monday. The business’s 50 day moving average is $9.93 and its two-hundred day moving average is $10.09. The company has a quick ratio of 1.31, a current ratio of 1.35 and a debt-to-equity ratio of 1.11. E.ON SE Sponsored ADR has a 52 week low of $8.89 and a 52 week high of $11.35.

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.

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