E.On (FRA:EOAN) PT Set at €9.30 by UBS Group

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UBS Group set a €9.30 ($10.81) price objective on E.On (FRA:EOAN) in a report released on Friday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

Several other equities research analysts also recently weighed in on the stock. JPMorgan Chase & Co. set a €7.75 ($9.01) price objective on shares of E.On and gave the stock a sell rating in a report on Wednesday, October 30th. Barclays set a €9.50 ($11.05) price objective on shares of E.On and gave the stock a buy rating in a report on Wednesday, October 16th. DZ Bank reaffirmed a sell rating on shares of E.On in a report on Tuesday, September 17th. Deutsche Bank set a €9.20 ($10.70) price objective on shares of E.On and gave the stock a neutral rating in a report on Thursday, November 21st. Finally, Goldman Sachs Group set a €8.95 ($10.41) price objective on shares of E.On and gave the stock a sell rating in a report on Tuesday, November 19th. Five analysts have rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of €9.61 ($11.18).

EOAN stock opened at €9.50 ($11.04) on Friday. The company has a 50-day simple moving average of €8.98 and a 200 day simple moving average of €9.13. E.On has a fifty-two week low of €6.70 ($7.79) and a fifty-two week high of €10.80 ($12.56).

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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