E.ON: Barclays 'overweight'


Barclays revises recommendation on E.ON to 'weight' online '' overweight '', despite a price target lowered by EUR 9.5, claiming to perceive a 'major buying opportunity' on the German energy group's share.The broker observes a 'significant under-valuation' and an 'exaggerated negativity' on the stock, which has lost 5% since the beginning of the year. More broadly, he goes back to his vision of the 'positive' European utilities sector, citing its defensive nature.

Copyright (c) 2019 CercleFinance.com. All rights reserved.
The information and analysis disseminated by Cercle Finance is only a help to the decision for investors. The responsibility of Cercle Finance can not be retained directly or indirectly following the use of the information and analyzes by the readers. It is recommended that any uninformed person consult a professional adviser before investing. This indicative information does not in any way constitute an invitation to sell or a solicitation to buy.

Source link


Please enter your comment!
Please enter your name here

six − three =