E.ON SE Sponsored ADR (Germany) (OTCMKTS:EONGY) Downgraded by Zacks Investment Research

Zacks Investment Research cut shares of E.ON SE Sponsored ADR (Germany) (OTCMKTS:EONGY) from a buy rating to a hold rating in a research note published on Monday, Zacks.com reports.

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. “

Other equities analysts have also recently issued reports about the stock. Goldman Sachs Group cut shares of E.ON SE Sponsored ADR (Germany) from a buy rating to a neutral rating in a research note on Tuesday, May 14th. Macquarie upgraded shares of AGL Energy from an underperform rating to a neutral rating in a research note on Monday, June 17th. One research analyst has rated the stock with a sell rating and eight have assigned a hold rating to the company’s stock. E.ON SE Sponsored ADR (Germany) has a consensus rating of Hold and a consensus target price of $12.00.

OTCMKTS EONGY opened at $10.46 on Monday. The company has a current ratio of 1.50, a quick ratio of 1.47 and a debt-to-equity ratio of 1.06. The business’s fifty day moving average price is $10.85. The company has a market cap of $22.68 billion, a P/E ratio of 12.92, a P/E/G ratio of 3.49 and a beta of 0.88. E.ON SE Sponsored ADR has a 1 year low of $9.48 and a 1 year high of $11.45.

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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