E.ON SE Sponsored ADR (Germany) (EONGY) Downgraded by Goldman Sachs Group to Neutral

E.ON SE Sponsored ADR (Germany) (OTCMKTS:EONGY) was downgraded by equities researchers at Goldman Sachs Group from a “buy” rating to a “neutral” rating in a note issued to investors on Tuesday, The Fly reports.

Several other research firms have also recently weighed in on EONGY. Zacks Investment Research cut shares of E.ON SE Sponsored ADR (Germany) from a “hold” rating to a “sell” rating in a research report on Tuesday, March 26th. Jefferies Financial Group cut shares of E.ON SE Sponsored ADR (Germany) from a “hold” rating to an “underperform” rating in a research report on Wednesday, February 6th. UBS Group reaffirmed a “neutral” rating on shares of E.ON SE Sponsored ADR (Germany) in a research report on Tuesday, March 12th. Finally, JPMorgan Chase & Co. cut shares of E.ON SE Sponsored ADR (Germany) from an “overweight” rating to a “neutral” rating in a research report on Monday, March 4th. One research analyst has rated the stock with a sell rating and seven have assigned a hold rating to the stock. The company presently has an average rating of “Hold” and an average target price of $11.00.

EONGY opened at $10.14 on Tuesday. E.ON SE Sponsored ADR has a twelve month low of $9.48 and a twelve month high of $11.65. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.84 and a quick ratio of 1.78. The stock has a market cap of $21.98 billion, a P/E ratio of 12.44, a PEG ratio of 3.01 and a beta of 1.00.

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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