E.On (FRA:EOAN) Given a €9.65 Price Target at UBS Group

UBS Group set a €9.65 ($11.22) price objective on E.On (FRA:EOAN) in a research note published on Tuesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

A number of other research firms have also weighed in on EOAN. Oddo Bhf set a €10.60 ($12.33) price objective on shares of E.On and gave the company a neutral rating in a research report on Wednesday, May 15th. Royal Bank of Canada set a €10.00 ($11.63) target price on shares of E.On and gave the company a neutral rating in a report on Wednesday, August 7th. Macquarie set a €9.70 ($11.28) target price on shares of E.On and gave the company a neutral rating in a report on Monday, June 17th. HSBC set a €10.00 ($11.63) target price on shares of E.On and gave the company a buy rating in a report on Monday. Finally, JPMorgan Chase & Co. set a €8.30 ($9.65) target price on shares of E.On and gave the company a sell rating in a report on Wednesday, August 7th. Five investment analysts have rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the company. The company presently has an average rating of Hold and a consensus target price of €10.03 ($11.66).

FRA:EOAN opened at €8.22 ($9.56) on Tuesday. The firm has a 50 day simple moving average of €9.27 and a 200-day simple moving average of €9.59. E.On has a 1-year low of €6.70 ($7.79) and a 1-year high of €10.80 ($12.56).

E.On Company Profile

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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