E.On (FRA:EOAN) Given a €11.50 Price Target at UBS Group

E.On (FRA:EOAN) has been given a €11.50 ($13.07) target price by equities researchers at UBS Group in a research note issued on Thursday, Borsen Zeitung reports. UBS Group’s price target would indicate a potential downside of 6.37% from the stock’s current price.

Other research analysts have also issued reports about the stock. Deutsche Bank Aktiengesellschaft set a €12.00 ($13.64) price objective on shares of E.On in a research note on Wednesday, November 24th. Credit Suisse Group set a €12.50 ($14.20) price objective on shares of E.On in a research note on Tuesday, December 7th. JPMorgan Chase & Co. set a €12.00 ($13.64) target price on shares of E.On in a research note on Wednesday, December 15th. Morgan Stanley set a €10.00 ($11.36) target price on shares of E.On in a research note on Monday, September 20th. Finally, Barclays set a €12.00 ($13.64) target price on shares of E.On in a research note on Monday, November 29th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of €11.93 ($13.55).

Shares of EOAN opened at €12.28 ($13.96) on Thursday. The company’s fifty day moving average is €11.48 and its 200 day moving average is €10.97. E.On has a fifty-two week low of €6.70 ($7.61) and a fifty-two week high of €10.80 ($12.27).

E.On Company Profile

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, Turkey, the Netherlands, Belgium, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services.

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Analyst Recommendations for E.On (FRA:EOAN)

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