Zacks Investment Research Lowers E.On Se (EONGY) to Sell
According to Zacks, “E.ON AG is the world’s largest investor-owned energy service provider with operations in the following businesses: energy, chemicals, real estate, oil, telecommunications, distribution/logistics, aluminum and silicon wafers. “
Separately, HSBC raised E.On Se from a reduce rating to a hold rating in a report on Monday.
Shares of E.On Se (NASDAQ:EONGY) opened at 6.63 on Monday. The stock’s 50 day moving average price is $0.00 and its 200 day moving average price is $0.00. E.On Se has a one year low of $6.38 and a one year high of $10.83.
About E.On Se
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.
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