E.On (FRA:EOAN) received a €13.00 ($15.12) target price from investment analysts at Nord/LB in a note issued to investors on Monday, Borsen Zeitung reports. The firm presently has a “buy” rating on the stock. Nord/LB’s price objective would suggest a potential upside of 41.63% from the stock’s current price.
A number of other equities research analysts have also commented on EOAN. DZ Bank reaffirmed a “sell” rating on shares of E.On in a research note on Tuesday, September 17th. 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 report on Friday, November 29th. Goldman Sachs Group set a €8.95 ($10.41) price target on shares of E.On and gave the company a “sell” rating in a research report on Friday, November 29th. Independent Research set a €9.70 ($11.28) price target on E.On and gave the stock a “neutral” rating in a report on Friday, November 29th. Finally, HSBC set a €10.00 ($11.63) price objective on E.On and gave the stock a “buy” rating in a research report 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 assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of €9.70 ($11.28).
E.On stock opened at €9.18 ($10.67) on Monday. E.On has a 52-week low of €6.70 ($7.79) and a 52-week high of €10.80 ($12.56). The firm has a 50 day moving average price of €9.02 and a two-hundred day moving average price of €9.13.
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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