E.On (EONGY) Raised to “Buy” at Zacks Investment Research

Zacks Investment Research upgraded shares of E.On (OTCMKTS:EONGY) from a hold rating to a buy rating in a research note issued to investors on Friday. Zacks Investment Research currently has $12.00 target price on the utilities provider’s stock.

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. “

E.On (OTCMKTS:EONGY) opened at $11.17 on Friday. The company has a debt-to-equity ratio of 1.60, a current ratio of 1.05 and a quick ratio of 1.00. E.On has a twelve month low of $6.99 and a twelve month high of $12.49.

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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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