E.ON SE Sponsored ADR (Germany) (OTCMKTS:EONGY) Downgraded by JPMorgan Chase & Co. to Underweight

JPMorgan Chase & Co. downgraded shares of E.ON SE Sponsored ADR (Germany) (OTCMKTS:EONGY) from a neutral rating to an underweight rating in a report released on Wednesday, The Fly reports.

EONGY has been the topic of several other reports. Goldman Sachs Group cut E.ON SE Sponsored ADR (Germany) from a buy rating to a neutral rating in a research report on Tuesday, May 14th. Zacks Investment Research cut E.ON SE Sponsored ADR (Germany) from a buy rating to a hold rating in a research report on Monday, July 15th. Finally, Macquarie initiated coverage on E.ON SE Sponsored ADR (Germany) in a research report on Monday, June 17th. They set a neutral rating on the stock. Three equities research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. E.ON SE Sponsored ADR (Germany) currently has an average rating of Hold and a consensus target price of $12.00.

E.ON SE Sponsored ADR (Germany) stock opened at $10.13 on Wednesday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.50 and a quick ratio of 1.47. E.ON SE Sponsored ADR has a one year low of $9.48 and a one year high of $11.35. The stock has a market capitalization of $21.66 billion, a PE ratio of 12.51, a PEG ratio of 3.55 and a beta of 0.85. The firm’s fifty day simple moving average is $10.73.

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.

Read More: Momentum Indicators

The Fly

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

Receive News & Ratings for E.ON SE Sponsored ADR (Germany) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for E.ON SE Sponsored ADR (Germany) and related companies with MarketBeat.com's FREE daily email newsletter.