Zacks Investment Research upgraded shares of E.On (OTCMKTS:EONGY) from a hold rating to a buy rating in a research report report published on Friday. They currently have $12.00 price target on the utilities provider’s stock.

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. “

E.On (OTCMKTS:EONGY) opened at $11.17 on Friday. The company has a debt-to-equity ratio of 1.60, a quick ratio of 1.00 and a current ratio of 1.05. E.On has a one year low of $6.99 and a one year high of $12.49.

TRADEMARK VIOLATION NOTICE: “E.On (EONGY) Upgraded to “Buy” by Zacks Investment Research” was published by Watch List News and is owned by of Watch List News. If you are viewing this story on another website, it was illegally copied and republished in violation of US & international copyright and trademark laws. The original version of this story can be read at https://www.watchlistnews.com/e-on-eongy-upgraded-to-buy-by-zacks-investment-research/1797511.html.

About E.On

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.

Receive News & Ratings for E.On Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for E.On and related companies with Analyst Ratings Network's FREE daily email newsletter.