UBS analyst Wanda Serwinowska downgraded E.ON (EONGY) to Neutral from Buy with a price target of EUR 15.50, down from EUR 16. The shares have been up 44% since a trough in mid January, with the company’s above-peers earnings growth now priced in, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EONGY:
- E.ON downgraded to Hold from Buy at DZ Bank
- E.ON price target raised to EUR 16 from EUR 15 at Morgan Stanley
- E.ON price target raised to EUR 13.50 from EUR 13.25 at RBC Capital
- E.ON SE: Buy Rating Upgraded Amid Germany’s Infrastructure Investment and Regulatory Optimism
- E.ON upgraded to Buy from Neutral at BofA
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue