E.On (OTCMKTS:EONGY) Upgraded to Strong-Buy by Barclays

Barclays upgraded shares of E.On (OTCMKTS:EONGYFree Report) to a strong-buy rating in a report published on Friday, Zacks.com reports.

E.On Stock Performance

Shares of OTCMKTS:EONGY opened at $14.95 on Friday. The company has a 50 day moving average price of $14.22 and a two-hundred day moving average price of $13.77. The company has a quick ratio of 0.81, a current ratio of 0.86 and a debt-to-equity ratio of 1.49. E.On has a 52 week low of $11.07 and a 52 week high of $15.41.

E.On (OTCMKTS:EONGYGet Free Report) last issued its quarterly earnings data on Wednesday, August 14th. The utilities provider reported $0.29 EPS for the quarter. E.On had a return on equity of 8.31% and a net margin of 2.18%. The business had revenue of $18.17 billion for the quarter. As a group, analysts forecast that E.On will post 1.23 EPS for the current year.

About E.On

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E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services.

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