E.ON traded at 18.20 this Friday May 29th, increasing 0.21 or 1.17 percent since the previous trading session. Looking back, over the last four weeks, E.ON gained 3.65 percent. Over the last 12 months, its price rose by 17.95 percent. Looking ahead, we forecast E.ON to be priced at 17.82 by the end of this quarter and at 16.44 in one year, according to Trading Economics global macro models projections and analysts expectations.
E.ON SE is a Germany-based energy company. The Company's business activities are divided into four core segments: Energy Networks, Customer Solutions, innogy and Renewables. The Energy Networks segment consists of its power and gas distribution networks and related activities. The Customer Solutions segment serves as the platform for working with its customers to shape Europe's energy transition, supplying power, gas and heat. The Innogy segment consists of the network and sales businesses, as well as the corporate functions and internal services of the innogy Group. The Renewables segment builds, operates and manages wind and solar generation assets. In addition, it has a nuclear power business in Germany, which is operated by its subsidiary PreussenElektra and is not a strategic business. The Company’s customers are residential, small and medium-sized enterprises, industrial and commercial and public entities.