E.On (FRA:EOAN) Given a €10.00 Price Target by Barclays Analysts

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.

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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Analyst Recommendations for E.On (FRA:EOAN)

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