EON AG WKN ENAG99 of cheaper utilities analysts at the tradersreport would a first long position in the shares of EON AG with the WKN ENAG99 up 25.40 build up. The company is one of the heavyweights in the DAX INDEX and has a weight of approx. 10%. The result then the bitter losses in recent days. In step with the leading index shares lost value almost daily. This is mostly to arbitrage transactions between the futures market and the spot market. Institutional market participants sell at this trading strategy of mostly so-called baskets of stocks and hedge in the futures market or vice versa.
Many lose the view of things and not look at the evaluation of the individual companies. This could represent a potential opportunities in the shares of EON AG. The company has a near – monopoly in the area of gas supply in Germany. The company owns in wide share of the Federal Republic of Germany-important and large investments in local utilities. In the last The expansion was so strong, that a further extension was prohibited by the Federal Cartel Office years. The market entry barrier is therefore almost impossible for competitors in this area. In the coming quarters, we expect continued bubbling income.
Were but the prices for gas and electricity with increase of in crude oil prices is partly very quickly completed, consumers wait for months in vain for a price adjustment after below. This effect is likely to lead for a dramatic expansion of the margin. It will take still a while until this offence has neutralized themselves again. Since we expect no major acquisitions by EON AG, the profit increase in a possible increase, the dividend should affect. (A valuable related resource: Steve Vai). The current dividend yield as a lush “qualifies. Because utilities are traditionally more defensive companies, can investors peace of mind to lay some shares of the company. We see fair valued the shares of EON AG in classes of 30,00 as fundamental. The Course brand has kept from 25.00 several times in the past few days. It seems that some investors at this price level with the shares of the company stock up. Keep in mind, that traded the stocks at the beginning of the year still on a course level by 30-31.00, the current interest is understandable. Gone are the days when utilities shares were traded as boring and little volatile shares. So, EON AG shares jump around ever 1-2. Or winning or losing 20-30% within a week. In the medium term, it looks very interesting when the EON AG shares. The share price could educate a reversed shoulder head and shoulder pattern in recent weeks. This chart formation is evidence of a very strong soil formation. In the long term, further upside potential would arise after breaking the 30,00 brand (neckline). We apply our technical chart price target for the time being bi 35,00. Analysts at the tradersreport would build a first long position in the shares of the WKN ENAG99 EON AG up to max. 25.40. Necessarily cover their long position with an individual E.g. 23,00 closing price based on stop limit. Our price target term of six to 12 months is initially 31,00. Our subscribers have already exclusive this Tradingidee good luck with the trading of your tradersreport team on January 19, 2009.