E.On (OTCMKTS:EONGY) Upgraded at Societe Generale

E.On (OTCMKTS:EONGY) was upgraded by investment analysts at Societe Generale from a “hold” rating to a “buy” rating in a research report issued on Tuesday, FlyOnTheWall reports.

Other research analysts have also issued reports about the company. Citigroup raised E.On from a “neutral” rating to a “buy” rating in a research report on Thursday, June 29th. HSBC upgraded E.On from a “hold” rating to a “buy” rating in a report on Thursday, August 17th. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $9.75.

E.On Price Performance

Shares of OTCMKTS:EONGY opened at $12.39 on Tuesday. The company has a market cap of $32.73 billion, a P/E ratio of 45.89, a price-to-earnings-growth ratio of 0.77 and a beta of 0.76. The company’s fifty day moving average is $12.42 and its two-hundred day moving average is $12.37. The company has a quick ratio of 0.87, a current ratio of 0.93 and a debt-to-equity ratio of 1.38. E.On has a 12-month low of $7.11 and a 12-month high of $13.46.

E.On (OTCMKTS:EONGY) last announced its quarterly earnings data on Wednesday, August 9th. The utilities provider reported $0.52 earnings per share (EPS) for the quarter. E.On had a return on equity of 15.90% and a net margin of 0.56%. The firm had revenue of $20.48 billion during the quarter. Equities analysts expect that E.On will post 1.26 earnings per share for the current fiscal year.

E.On Company Profile

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services.