E.On’s (OTCMKTS:EONGY) “Sector Perform” Rating Reiterated at Royal Bank of Canada

Royal Bank of Canada reiterated their sector perform rating on shares of E.On (OTCMKTS:EONGY) in a research note released on Thursday, January 18th, MarketBeat.com reports.

Several other analysts have also recently commented on the company. Zacks Investment Research cut E.On from a buy rating to a hold rating in a report on Tuesday, January 9th. ValuEngine cut E.On from a buy rating to a hold rating in a report on Friday, January 5th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. E.On presently has a consensus rating of Buy and an average target price of $12.00.

Shares of E.On (OTCMKTS:EONGY) opened at $9.93 on Thursday. 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 1-year low of $7.20 and a 1-year high of $12.49.

E.On (OTCMKTS:EONGY) last posted its quarterly earnings results on Wednesday, November 8th. The utilities provider reported $0.05 EPS for the quarter. analysts anticipate that E.On will post 0.74 EPS for the current fiscal year.

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E.On Company Profile

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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