E.ON: Barclays 'overweight'

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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.

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https://www.zonebourse.com/E-ON-SE-3818998/actualite-broker/E-ON-Barclays-passe-a-surponderer-29118234/

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