RWNEF - E.ON: Risk And Reward Are Well Balanced Look Elsewhere For Value
Investment Thesis
I am currently "neutral" on E.ON (EONGY) (ENAKF) as its share price accurately balances the growth prospects of realised synergies and green investment, with the risks of decreased demand and operational changes that the company is undertaking.
Company Summary
E.ON is an energy company headquartered in Essen, Germany. It is the network operator in countries such as Germany, Sweden and a series of countries in Central-East Europe. Concurrent to this, it offers retail services across Europe in countries like Germany, the UK, the Netherlands, and Belgium. It currently operates these two businesses in