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EONGY - E.ON: You Are Missing 250% Annualized Returns
E.ON SE ADR
If you read my last article on E.ON, you know that I advocated investors to take a look at this company based on the multiple expansion potential inherent in valuation.
Well, the company now trades close to €10/share on the native listing. The upside is far lower now than only 2 weeks ago. Returns since the last article are massive.
The company is still a "BUY", but the potential upside is slimming quickly, and on 2021E, it is already low.