Morgan Stanley Upgrades E.On (OTCMKTS:EONGY) to “Overweight”

E.On (OTCMKTS:EONGY) was upgraded by stock analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating in a report issued on Thursday, Marketbeat.com reports.

Separately, Barclays upgraded E.On to a “strong-buy” rating in a research note on Friday, September 27th.

E.On Trading Down 0.2 %

Shares of E.On stock opened at $12.74 on Thursday. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.81 and a current ratio of 0.86. E.On has a twelve month low of $12.11 and a twelve month high of $15.41. The company’s 50 day moving average is $13.44 and its 200 day moving average is $13.68.

About E.On

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.