E.ON SE

EOAN: XETR (DEU)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	€76.00	Nmlzqqh	Mcdtvczl

E.On Earnings: 2023 Guidance Raised on Positive One-Offs; Shares Fairly Valued

Tancrede Fulop

Jul 28, 2023

We confirm our EUR 11 fair value estimate after no-moat E.On prereleased solid first-half results, notably thanks to positive one-offs driving a raise in the 2023 guidance. Final results will be released on Aug. 9. Shares appear fairly valued.

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