E.On (FRA:EOAN) received a €10.00 ($11.63) price objective from equities research analysts at Barclays in a report issued on Friday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Barclays‘s target price points to a potential downside of 2.06% from the company’s current price.
EOAN has been the subject of a number of other reports. DZ Bank reiterated a “sell” rating on shares of E.On in a research report on Monday, January 6th. Goldman Sachs Group set a €9.80 ($11.40) price objective on shares of E.On and gave the company a “neutral” rating in a research report on Tuesday, January 7th. Sanford C. Bernstein set a €11.00 ($12.79) target price on shares of E.On and gave the company a “buy” rating in a research note on Thursday, January 9th. HSBC set a €10.80 ($12.56) target price on shares of E.On and gave the stock a “buy” rating in a report on Thursday, December 12th. Finally, Morgan Stanley set a €9.50 ($11.05) target price on shares of E.On and gave the stock a “neutral” rating in a report on Tuesday, December 17th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the stock. E.On has a consensus rating of “Hold” and an average target price of €9.94 ($11.56).
FRA EOAN traded up €0.21 ($0.24) on Friday, reaching €10.21 ($11.87). 8,929,655 shares of the stock were exchanged. E.On has a one year low of €6.70 ($7.79) and a one year high of €10.80 ($12.56). The company’s 50-day simple moving average is €9.48 and its two-hundred day simple moving average is €9.11.
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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