Barclays set a €9.50 ($11.05) price target on E.On (FRA:EOAN) in a research note released on Friday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
Other equities analysts have also recently issued reports about the company. Berenberg Bank set a €8.50 ($9.88) price target on E.On and gave the company a neutral rating in a research report on Wednesday, September 18th. JPMorgan Chase & Co. set a €7.75 ($9.01) price target on E.On and gave the company a sell rating in a research report on Friday. Royal Bank of Canada set a €10.25 ($11.92) price target on E.On and gave the company a buy rating in a research report on Friday. Sanford C. Bernstein set a €11.00 ($12.79) price target on E.On and gave the company a buy rating in a research report on Monday, October 14th. Finally, Oddo Bhf set a €10.60 ($12.33) price target on E.On and gave the company a buy rating in a research report on Wednesday, September 18th. Four analysts have rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company. The company currently has an average rating of Hold and an average target price of €9.70 ($11.28).
Shares of EOAN stock opened at €9.31 ($10.83) on Friday. E.On has a 1 year low of €6.70 ($7.79) and a 1 year high of €10.80 ($12.56). The business’s fifty day moving average is €9.02 and its 200-day moving average is €9.13.
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.
Featured Story: What is Green Investing?
Receive News & Ratings for E.On Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for E.On and related companies with MarketBeat.com's FREE daily email newsletter.
