Barclays Analysts Give E.On (FRA:EOAN) a €9.50 Price Target

Barclays set a €9.50 ($11.05) price objective on E.On (FRA:EOAN) in a report released on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Several other equities analysts also recently commented on the company. Goldman Sachs Group set a €8.95 ($10.41) price objective on E.On and gave the company a sell rating in a research note on Wednesday, August 14th. DZ Bank reiterated a sell rating on shares of E.On in a research note on Wednesday, August 7th. Royal Bank of Canada set a €10.00 ($11.63) price objective on E.On and gave the company a neutral rating in a research note on Wednesday, August 7th. Sanford C. Bernstein set a €11.00 ($12.79) price objective on E.On and gave the company a buy rating in a research note on Friday, September 6th. Finally, JPMorgan Chase & Co. set a €7.75 ($9.01) price objective on E.On and gave the company a sell rating in a research note on Wednesday, August 28th. Five analysts have rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the stock. The company presently has a consensus rating of Hold and an average target price of €9.76 ($11.35).

E.On stock opened at €9.08 ($10.55) on Tuesday. E.On has a 12 month low of €6.70 ($7.79) and a 12 month high of €10.80 ($12.56). The business’s 50 day simple moving average is €8.65 and its 200 day simple moving average is €9.42.



About E.On

E.ON SE operates as an energy company in Germany, the United Kingdom, Romania, Hungary, the Czech Republic, Sweden, the United States, Poland, Italy, Denmark, and internationally. It operates through three segments: Energy Networks, Customer Solutions, and Renewables. The company provides power and gas distribution networks and related services; and supplies energy solutions to residential customers, small and medium sized enterprises, large commercial and industrial customers, and public entities.

Further Reading: Growth Stocks

Analyst Recommendations for E.On (FRA:EOAN)

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