E.ON SE Sponsored ADR (Germany) (OTCMKTS:EONGY) Rating Increased to Buy at Commerzbank

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Commerzbank upgraded shares of E.ON SE Sponsored ADR (Germany) (OTCMKTS:EONGY) from a hold rating to a buy rating in a report released on Monday morning, The Fly reports.

EONGY has been the subject of several other research reports. Berenberg Bank restated a hold rating on shares of E.ON SE Sponsored ADR (Germany) in a research report on Thursday, May 28th. Deutsche Bank upgraded shares of E.ON SE Sponsored ADR (Germany) from a hold rating to a buy rating in a research report on Friday, August 14th. Zacks Investment Research upgraded shares of E.ON SE Sponsored ADR (Germany) from a sell rating to a hold rating in a research report on Thursday, August 13th. UBS Group reiterated a neutral rating on shares of E.ON SE Sponsored ADR (Germany) in a research report on Friday, August 7th. Finally, Jefferies Financial Group downgraded shares of E.ON SE Sponsored ADR (Germany) from a buy rating to a hold rating in a research report on Thursday, June 25th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company. The company currently has an average rating of Hold and a consensus price target of $10.75.

Shares of OTCMKTS:EONGY opened at $11.64 on Monday. The company has a debt-to-equity ratio of 2.79, a quick ratio of 0.82 and a current ratio of 0.86. E.ON SE Sponsored ADR has a twelve month low of $8.11 and a twelve month high of $12.58. The firm has a 50 day simple moving average of $11.69 and a 200-day simple moving average of $10.83.

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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Analyst Recommendations for E.ON SE Sponsored ADR (Germany) (OTCMKTS:EONGY)

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