E.On (OTCMKTS:EONGY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a note issued to investors on Monday. The firm presently has a $12.00 price objective on the utilities provider’s stock. Zacks Investment Research‘s price objective indicates a potential upside of 7.53% from the stock’s current price.

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 upgraded E.On from a “sector perform” rating to an “outperform” rating in a research report on Wednesday, August 23rd. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $12.00.

E.On (OTCMKTS EONGY) traded up $0.05 during trading hours on Monday, hitting $11.16. The company had a trading volume of 84,830 shares, compared to its average volume of 76,620. The company has a current ratio of 0.93, a quick ratio of 0.90 and a debt-to-equity ratio of 1.65. E.On has a 12 month low of $6.70 and a 12 month high of $12.49.

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E.On 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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