E.ON SE
EOAN: XETR (DEU)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€53.00 | Ktzwkgd | Ntthbtmp |
E.On Earnings: Solid Start to the Year Thanks to the Retail Business, Shares Attractive
We confirm our EUR 15 fair value estimate after no-moat E.On released solid first-quarter results thanks to the retail business. Shares appear undervalued despite an appealing dividend growth outlook and high earnings visibility.