E.On Se (OTCMKTS:EONGY) Receives Consensus Recommendation of “Hold” from Analysts

E.On Se (OTCMKTS:EONGY) has been assigned a consensus rating of “Hold” from the ten ratings firms that are covering the stock, Marketbeat reports. Eight equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company.

Several equities research analysts recently weighed in on EONGY shares. Citigroup reaffirmed a “neutral” rating on shares of E.On in a research note on Friday, February 6th. Bank of America cut shares of E.On from a “buy” rating to a “neutral” rating in a report on Thursday, February 5th. Zacks Research downgraded shares of E.On from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 5th. Wall Street Zen lowered shares of E.On from a “hold” rating to a “sell” rating in a research note on Wednesday, January 14th. Finally, Berenberg Bank cut shares of E.On from a “buy” rating to a “hold” rating in a research report on Tuesday, February 10th.

E.On Price Performance

E.On stock opened at $22.02 on Monday. E.On has a fifty-two week low of $12.23 and a fifty-two week high of $22.18. The stock’s 50 day simple moving average is $20.12 and its two-hundred day simple moving average is $18.97. The company has a quick ratio of 0.79, a current ratio of 0.85 and a debt-to-equity ratio of 1.44.

E.On Company Profile

E.ON SE is a Germany-based energy company headquartered in Essen that focuses on energy networks and customer solutions. The company owns and operates electricity and gas distribution networks, supplies energy to residential and commercial customers, and develops services and technologies aimed at energy efficiency, decentralised generation and electrification. E.ON’s business model emphasizes regulated network operations and customer-facing services rather than large-scale conventional power generation.

Key offerings include grid operation and maintenance, retail supply of electricity and gas, energy contracting and efficiency solutions for business customers, and a range of digital services such as smart metering, energy management and e-mobility charging infrastructure.