E.ON SE

EOAN: XETR (DEU)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	€27.00	Hcpcx	Xcdqrwxym

E.On Earnings: Guidance Maintained; Shares Attractive

Tancrede Fulop

Aug 14, 2024

We confirm our EUR 15 fair value estimate after no-moat E.On released good first-half results and confirmed its 2024 guidance. Shares appear undervalued despite an appealing dividend growth outlook and high earnings visibility.

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