E.ON: Utility Outperformance, But Unlikely To See Significant Longer-Term Gains (OTCMKTS:EONGY)
Summary
E.ON (EONGY) looks overvalued at 16x P/E; HOLD with €11.5 target. I see better risk/reward in alternatives like Enel. See more details here.
Description
E.ON (EONGY) looks overvalued at 16x P/E; HOLD with €11.5 target. I see better risk/reward in alternatives like Enel. See more details here.
Original reporting
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