E.ON SE (EONGY) Rating Lowered to Equal Weight at Barclays PLC

E.ON SE (OTCMKTS:EONGY) was downgraded by stock analysts at Barclays PLC from an “overweight” rating to an “equal weight” rating in a report issued on Tuesday, The Fly reports.

A number of other brokerages have also commented on EONGY. Zacks Investment Research lowered E.ON SE from a “buy” rating to a “hold” rating in a research report on Tuesday, August 9th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of E.ON SE in a research report on Tuesday, June 21st. Finally, Goldman Sachs Group Inc. lowered E.ON SE from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 7th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. E.ON SE currently has a consensus rating of “Hold” and an average target price of $11.00.

Shares of E.ON SE (OTCMKTS:EONGY) opened at 7.14 on Tuesday. E.ON SE has a one year low of $6.93 and a one year high of $11.00. The firm’s market capitalization is $13.94 billion. The firm has a 50-day moving average of $8.90 and a 200-day moving average of $9.65.

E.ON SE Company Profile

E.ON SE is a provider of energy solutions. The Company’s segments include global units and regional units. The Company’s global units include Generation, which consists of the Company’s conventional (fossil and nuclear) generation assets in Europe; Renewables, which includes its carbon-sourcing and renewables businesses; Global Commodities, which buys and sells electricity, natural gas, liquefied natural gas (LNG), oil, coal, freight, biomass and carbon allowances, and Exploration & Production, which includes the Company’s exploration and production business in the focus regions, North Sea (the United Kingdom and Norway) and Russia.

The Fly

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