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

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E.On (FRA:EOAN) has been given a €10.00 ($11.63) target price by research analysts at Credit Suisse Group in a note issued to investors on Tuesday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. Credit Suisse Group’s target price would suggest a potential upside of 9.03% from the stock’s current price.

Other analysts also recently issued research reports about the company. Royal Bank of Canada set a €10.25 ($11.92) target price on E.On and gave the company a “buy” rating in a research note on Friday. Oddo Bhf set a €10.60 ($12.33) target price on E.On and gave the company a “buy” rating in a research note on Wednesday, September 18th. Morgan Stanley set a €9.50 ($11.05) target price on E.On and gave the company a “neutral” rating in a research note on Monday. Deutsche Bank set a €9.20 ($10.70) target price on E.On and gave the company a “neutral” rating in a research note on Monday. Finally, HSBC set a €10.00 ($11.63) target price on E.On and gave the company a “buy” rating in a research note on Thursday, September 26th. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of €9.70 ($11.28).

Shares of EOAN opened at €9.17 ($10.67) on Tuesday. The business’s 50 day moving average is €9.02 and its 200 day moving average is €9.13. E.On has a 12-month low of €6.70 ($7.79) and a 12-month 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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