UBS Group set a €9.65 ($11.22) price target on E.On (FRA:EOAN) in a report released on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
EOAN has been the topic of several other reports. Macquarie set a €9.70 ($11.28) price objective on shares of E.On and gave the stock a neutral rating in a research report on Monday, June 17th. Royal Bank of Canada set a €10.00 ($11.63) price objective on shares of E.On and gave the stock a neutral rating in a research report on Wednesday, August 7th. JPMorgan Chase & Co. set a €8.30 ($9.65) price objective on shares of E.On and gave the stock a sell rating in a research report on Wednesday, August 7th. DZ Bank reissued a sell rating on shares of E.On in a research report on Wednesday, August 7th. Finally, Berenberg Bank set a €9.00 ($10.47) price objective on shares of E.On and gave the stock a neutral rating in a research report on Thursday, May 16th. Five equities research analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of €10.03 ($11.66).
Shares of E.On stock opened at €8.22 ($9.56) on Tuesday. E.On has a 1 year low of €6.70 ($7.79) and a 1 year high of €10.80 ($12.56). The company’s fifty day moving average is €9.27 and its two-hundred day moving average is €9.59.
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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