E.On (FRA:EOAN) PT Set at €8.00 by Kepler Capital Markets

Kepler Capital Markets set a €8.00 ($9.30) target price on E.On (FRA:EOAN) in a report released on Wednesday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.

Other research analysts have also recently issued reports about the company. HSBC set a €10.00 ($11.63) price objective on E.On and gave the stock a buy rating in a research note on Monday, August 12th. Goldman Sachs Group set a €8.95 ($10.41) price objective on E.On and gave the stock a sell rating in a research note on Tuesday, September 17th. Sanford C. Bernstein set a €11.00 ($12.79) price objective on E.On and gave the stock a buy rating in a research note on Friday, September 6th. JPMorgan Chase & Co. set a €7.75 ($9.01) price objective on E.On and gave the stock a sell rating in a research note on Wednesday, August 28th. Finally, Jefferies Financial Group set a €7.80 ($9.07) price objective on E.On and gave the stock a neutral rating in a research note on Monday, August 19th. Five investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of €9.65 ($11.22).

Shares of FRA:EOAN opened at €9.02 ($10.49) on Wednesday. E.On has a 52-week low of €6.70 ($7.79) and a 52-week high of €10.80 ($12.56). The business has a 50-day moving average price of €8.64 and a 200-day moving average price of €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.

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