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.

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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.

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