E.ON AG (ADR) (PK:EONGY) has been upgraded from Reduce to Hold in a statement by HSBC Securities earlier today.
- Updated: November 28, 2016
HSBC Securities has upgraded E.ON AG (ADR) (PK:EONGY) from Reduce to Hold in a statement released on 11/28/2016.
Boasting a price of $6.56, E.ON AG (ADR) (PK:EONGY) traded -0.15% lower on the day. With the last close down -26.08% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the same time. The company has recorded a 50-day moving average of $7.10 and a 200-day moving average of $8.86. 122,141 shares of the stock were exchanged, down from an average trading volume of 247,905
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E.ON AG (ADR) has a 52 week low of $6.38 and a 52 week high of $10.83 The company’s market cap is currently $0.
In addition to HSBC Securities reporting its target price, a total of 1 firm has reported on the stock. The consensus target price is $13.87 with 1 broker rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On E.ON AG (ADR) (PK:EONGY)
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 Company's regional units include the United Kingdom; Germany; Sweden; Czechia; Hungary; Other regional units, including France, Benelux, Slovakia, Romania and Italy; Other EU Countries; Russia; Other Non-EU countries; Non-EU countries. The E.ON Connecting Energies business unit focuses on providing customers with various distributed energy solutions.
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