E.ON SE Sponsored ADR (Germany) (EONGY) Downgraded to Sector Perform at Royal Bank of Canada
E.ON SE Sponsored ADR (Germany) (OTCMKTS:EONGY) was downgraded by equities research analysts at Royal Bank of Canada from an “outperform” rating to a “sector perform” rating in a note issued to investors on Thursday, The Fly reports.
Other equities analysts have also recently issued research reports about the stock. Zacks Investment Research raised shares of E.ON SE Sponsored ADR (Germany) from a “hold” rating to a “buy” rating and set a $12.00 price target on the stock in a research report on Tuesday, July 3rd. ValuEngine cut shares of E.ON SE Sponsored ADR (Germany) from a “buy” rating to a “hold” rating in a research report on Saturday, June 2nd. Finally, Jefferies Financial Group cut shares of E.ON SE Sponsored ADR (Germany) from a “buy” rating to a “hold” rating in a research report on Tuesday, August 28th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $12.00.
Shares of EONGY stock opened at $10.44 on Thursday. The company has a current ratio of 1.85, a quick ratio of 1.80 and a debt-to-equity ratio of 1.10. E.ON SE Sponsored ADR has a one year low of $9.66 and a one year high of $12.49. The stock has a market cap of $20.33 billion, a PE ratio of 13.92, a P/E/G ratio of 1.61 and a beta of 1.17.
About E.ON SE Sponsored ADR (Germany)
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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